When it comes to color handling, this 8700UB is the best Epson I've worked with. Whether its the great THX mode, or perhaps Mike's becoming an even better calibrator, but this Epson has had the most natural looking skin tones, of any Epson so far. It's that simple. The sometimes green push that always seems to remain after calibration, with previous models, is either gone, or inperceptively there, once Mike calibrated it. Of course that's only true for our "best" mode - an adjusted THX. The Livingroom mode is very cool - too blue - too thin on reds. Dynamic, as notedm is improved, making this a much better projector for sports and when you want some light present.
The Epson's placement flexibility is almost unmatched, with the 2.1:1 Fujinon lens, and more lens shift than most. You can ceiling mount, place on a table, or shelf mount in the rear of your room, thanks to the lenses range. (That is, most will not have a problem, but if your room is really deep, and you go with a smaller screen, it might not work.)
Features abound, Creative Frame Interpolation offers fast motion smoothing (use judiciously - and probably not for movies). The CFI is supposed to be smart enough to call it quits (at least briefly when it can't cope with a lot of "creative" in the new frames), but, I notice that it still shows its rough edges if you are trying to apply CFI to a 24 fps movie, coming to you from satellite or cable, at 60fps. Epson had a lot of problems with artifacts with their first generation CFI, but quickly improved it. Yet, it still could be a bit better, there are slightly smoother ones out there. Also it's very tame when handling typical HD sports and programs on Discovery HD - that is to say, it's pretty clean adding one creative frame between each two, as it takes 60fps to 120fps.
The dynamic contrast can add some extra pop to your content, but again, use moderation, as dynamic features do have their unintended consequences. I do like Super-Resolution - a dynamic sharpening feature. I always run it with HD digital content