Hello,
Im having the same "dilema" myself as to buying a new PJ,from what iv'e been able to gather from the usefull advice of other forum members

is the x2 is rubbish for home-cinema and is more suited to data use.Ive personally narowed it down to the Epson tw10h for the reasons below,
1.)Native 16:9 (good for dvd playback)
2.)Cheap at only £550
3.)cheap bulbs at only £140 a pop
4.)Hi-def ready although at only 852x480 res
5.)No rainbows

6.)Everyone who owns one seems to LOVE it,
The only thing im "waiting" for is someone to tell me what they think of it for dvd playback via pc...........
Hope this helps and look in the A/V forums reviews section for reviews of the Epson tw10h