It's a simple story: the X70 is a great 2D projector, but if 3D's your thing, the JVC for 3D has to be considered mediocre, especially considering the high price. Oh, it will still have the best blacks (in 3D), but that's small consolation when your life, when 3D movie viewing seems a bit dim.
With about 750 measured, calibrated lumens its not as bright as the lower cost X30 (aka RS45), which is about 20% brighter. I wanted to point that out, since that extra 20% would really help, for those really into 3D. I think the X70 is a better projector for its price, than the X30 or RS45 is for it's far lower price, but the X30 would do better on 3D, just by virtue of the extra lumens.
The lower cost JVC might also be better if you don't have an ideal room. Given a good cave or home theater layout, the JVC DLA-X70 is in its element, where even calibrated, it's got enough brightness in 2D to handle 130" diagonal or even a bit larger with a fairly normal gain screen.
Overall, color was pretty excellent after calibration. Not the very most natural skin tones, but natural, none the less. Unless you start pumping up controls like Sharpness, MPC, and Detail Enhancement to name a few, which will "harden" the image and skin tones.
For my own personal world I could easily own the X70 home theater projector. If I did, though, since I'm a 3D fan, I'd buy a less expensive second projector with the brightness I demand for 3D (most likely an Epson or a Panasonic). Of course if I had one of those, I'd almost certainly also use it for sports and other viewing with ambient light, since those are all about twice as bright. If I were to do that, and was going to own a Cinemascope shaped screen, I'd consider the Panasonic as the best 2nd projector (it too has lens shift), if going with a 16:9, I might pick the low cost Epson 3010, or splurge on the 5010.
Last Word: As a dedicated projector for viewing 2D movies, you can't beat this one without spending a lot more (including the X90, the Sony (real) 4K VPL-VW1000ES, and an assortment of even more expensive projectors). For other viewing, though, even in a dedicated theater, if you want a fairly large screen - over 110" diagonal, you are likely to wish for a few hundred more lumens.