with a $599 MRP, a release of early 2008, this one should be 45-55k in india.
i may be wrong but i dont feel that LG can match the technology offered by Panasonic/Epson/Optoma/Mitsubishi for home theater projectors.
For a LCD/plasma LG may have the edge for not for a prj.
If you have a 50-60k bugdet i would suggest u a HD65.
A liitle more and you can get a panny 720p (A200-not sure) which is even better.
If you are open for import options then one of our forum members santhol2 has got a HD20 for 60,600 which is very good price compared to what optoma india is offering.
A little more and you can get the best of the lot:
Mit HC3800($1300) and Epson 8100($1600)