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Brilliant projector. Offer at least 100 quid less though. You could get a HC3800 or 3200 for £100 more brand new and thats a wee bit better because it has a better lens. These are the replacement for the hc5500. Those will give a better picture than any lcd pj at 3 times the price though with no digital noise and a better picture than the likes of the hd200x as it has a newer dlp chip with closer together mirrors.
I seriously thought about buying a hc5500 for £1400. It was stongly reccomended to me and was swayed by all the excellent reviews.
I bought the hc3200 as this and the hc3800 is the replacement for the hc5500. In all seriousness you could get an 3200 or 3800 for near enough the same price brand new and it will blow you away.
I've not used this store, it's just a price I just found on google. My mate has this projector. I've not seen it in action yet but he says its brilliant. As Buttox says this is the replacement for the hc5500, which is a projector that I nearly bought myself after a lot of research, so it's got to be a good bet. But if you can knock some money off the 5500 then it'll still be good, it's getting on a bit now though and with 700 hrs on the bulb, I wouldn't pay more than about £450 for it like I said.
I read a lot about rainbow effect as well before I went dlp. Not a single person that has been to my house and watched my projector has ever suffered from it and that's got to be at least 20 different people. I'm not saying it doesn't exist, but I don't think it's that common.
I have not noticed any rainbow effect on mine, neither has the wife or anyone else in my family. Had lots of people admiring the picture quality and had nothing but praise.
I demo'd the hc6800 at £2k and i'd say the pq on an hc3800 or hc3200 is better. Purely for the films i watched i noticed some digital noise in the dark scenes whilst watching 'Transformers' on the 6800.
I have had the 3200 for 6 months and have not seen any noise yet. Maybe the calibration was off but I cant see it as it was a set up in a specialist shop.