A few years back me and a couple friends tossed around the idea of screen and projector over a flat panel TV. I don't remember much of the details of that but I think we came to the conclusion of projector and screen. I'm still using an old 27" tube TV bought I'm almost certain before flat panel TVs began to come out.
Anyway's I was tossing around the idea of replacing it. And the thought occured to me that I could maybe buy a projector and screen for the same or less than the cost of a fancy ~50" flat panel TV. This is without doing any decision making on specific feature details.
My aim is to make the purchase in about 6 months. Or sooner depending on cost. Special holiday sale may be a way to get more for the money is an option. What should I look for in features and brands for both projector and screen?