That headline is no joke, you can now equip your home with Full HD, 1080P goodness for only $3999. Epson has slashed the price of the EMP-TW1000 projector by $2000 as the company makes ready the arrival of it's replacement, the EMP-TW2000 ($5999). If you happen to be one of Epson's competitors, this news will undoubtedly cause considerable consternation and will likely see opposition product managers around the country scrambling for their calculators to see how they can compete. We'll certainly be watching closely as we wait for the response from that other projector heavy weight, Panasonic. And how convenient, a price war for Christmas.

The new model causing all this fuss is more than a mere annual update too. It sports Epson's brand new 12-bit, 0.7-inch LCD panel offering 68.7 billion colours (up from 1.1 billion on the 10-bit EMP-TW1000). Contrast has been given a significant boost and the new model produces some spectacular blacks, though I can't help but feel dirty just looking at the 50,000:1 contrast ratio. It reeks of marketing. Still, I did get a real life demo in the viewing rooms at Eastern Hi-Fi to see for myself. After a bunch of Blu-ray movies had assuaged my eyes, I left with nothing but fond memories from my short time with the EMP-TW2000.

The $5999 price tag is pretty sharp too, but if you want to get in on some of that $3999 1080P action mentioned earlier, you'll probably have to move pretty fast. I doubt they'll last long at that price.