Just finished with the demo of the TW8100 but I am sad to say that I was not impressed at all.
I dunno why,is it because of the lack of screen(wall is blemishless and light cream in color)?
We tried playing all kind of video from a Bluray player but the pictuire was still not that great compared to an LED tv.
Also the colors looked washed out even when a little ambient light was introduced,there was no sharpness in the picture too...
Was I expecting too much?
Are there any other models that lack 3D but produce an excellent picture at my budget??
You mean something like this???
Total darkness

Pic Quality with tube light on

Pic of the room showing the amount of ambient light with tube light

By ur statements I assume you are looking for something to replace a LED TV in a ur living room? Well projector isnt an answer to that... Yes if u watch on a high gain screen(or even a normal screen) instead of a wall, the image should be better but u are probably not gonna find "LED TV" type sharpness or brightness in ambient conditions... Reason??? It all boils down to PPI(pixels per inch)... when u are pushing 1920x1080 resolution on to a 55inch screen vs a 120inch screen the 55 inch screen is always going to look sharper coz it has less than 1/4th the viewing area of the 120 inch...Also projectors rely on the concept of reflected image... That means the light coming from the projector is gonna be reflected but so is any other light present...LED TVs on the other hand(or any TVs for that matter) are the source of the light rather than the reflections... Anyway I think you should close this thread as ur search is over... Ur clear choice is a good 46-55inch LED TV.... Coz no matter how high u go up in the projector chain , a projected image is always gonna take a hit once u have ambient light... If u want to check out the best example of this go to ur fav multiplex, the one you think has the best picture quality & look at the PQ which the lights are on(like then they say intermission,go get ur popcorn etc etc)... If costly 30-40-50 lacs Theatre projectors cant match the brightness or sharpness of a LED TV in ambient light I dont know y u think a 1-1.5 lac home theatre projector is gonna match it...
PS there are special screens that u can use that would be able to give u a TV like effect but they cost a bomb($3000-4000 for a 100 inch screen)... Like this
Screen Innovations Commercial Screens - YouTube
Black Diamond Projector Screen Family Room - YouTube