I got almost 2 years ago the Epson Home Cinema 730HD after reading lots of reviews.
Has resolution of 1280 x 720 (720p) and mostly used to watch movies, not TV. In almost 2 years has around 500hrs of lamp use and working fine.
The price was a little bit over 500CHF, but to be honest less that that you won't find good quality projectors.
The only negative which I think most of the medium-range projectors have is that watching it with light during the day is not that good.
Now you have better models with more resolution if needed around same price.
Also check the Optoma ones,although those ones are more expensive