Yea,
I had / have one of these...they are quite good, but have been superceded my newer Sony / alternative brand products.
If you are buying secondhand, I would definitely consider it as a good first projector. I really enjoyed mine.
Downsides?
1. [Main one for me] - cannot ceiling mount
2. Blacks are not black!
3. Power supply plugs into the front of the projector.
If buying new, dependant on budget I think I would go for a Sony HS1.