Thanks to Panasonic's SmoothScreen Technology, this LCD projector has the least visible pixels of any projector on the market, LCD, DLP, or even LCOS, and that's saying something. There is a tradeoff, however, with the Panasonic also having perhaps the softest looking image. Image quality overall, is very, very good, and it is always a pleasing projector to view. Of particular note, it is more forgiving on good old regular low definition TV, than most other projectors. It offers superb placement flexibility.
The Panasonic is a projector that is probably the Toyota Camry of 1080p projectors, very good overall, but lacking the pure performance of, say a BMW. Like the other projectors in this class, it is not very bright, and normally should be limited to screens no more than 110" diagonal, and preferably a bit smaller. Like the Camry, it is a product that most people can own, and fully enjoy, and recommend to their friends, but those seeking absolute performance will likely end up elsewhere. Still if budget is an issue, keep in mind, it is an excellent projector for $500 - $1000 below the closest 1080p competition, and unless you sit there, like me, doing side by side comparisions, I doubt you'll have any issue at all with the PT-AE1000U home theater projector.