Thanks KBfern,
I think it's easy to get carried away sometimes, when you start to look into something (say a projector) and then you read all the pro's/cons, what to do/not to do.
Think the projector has to be a "go-er" though. Only received my Blu Ray player today, just went home for lunch and did a quick connection to my 32" (720p) LCD, watched about 15mins of JUMPER (borrowed from brother in-law). From my normal viewing distance I would say that the improvement on a 32" is there, but negligable, now when I stand up and get close to the screen you can definitely see the sharpness in the image, no pixelation as you get closer, which I would get with SD DVD.
So in conclusion if I blow up the image to approx x4 the size and have it in 1080p/24 I should be onto a "winner", "cinerama"