Epson EMP S1 is £799 a good deal ?



Saw this model selling in PC World for £799 it has SVGA resolution and 400:1 contrast ratio, i suppose my big question is this, compared to a standard television, lets say a 32 inch widescreen would the picture quality be much improved for watching dvd's, what extra do i require other than the projector to get a good picture ?

My knowledge on this subject is limited but would this projector be better than back projection 50 inch televisions from Toshiba ?

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