Summary: I have had my 5010 for less than three years, and in that time Epson has replaced it twice due to catastrophic failure. After the second replacement unit, I knew the original warranty was about to expire so I begged Epson to extend the warranty given the problems we had already experienced. They refused, but assured me that this was a quality product and that I had just experienced "a run of bad luck".
Summary: I work in the a/v industry, so I've had a chance to check out some really high end projectors, and I really like this projector. It is ideal from about 20- 30ft away, so you'll need a fairly long room. The picture quality does deliver as stated and love watching 3d movies on it.
Summary: Great projector. The picture quality is astounding and the operating system is very user friendly. I've used this projector in conjunction with the Bose Cinemate 1 SR and it really sounds wonderful.
Summary: I have this unit ceiling mounted in the back of my Home Theatre room. I've been through two units now and both have had a blooming issue in the lower left hand corner of the screen, basically a light spot on the bottom of the screen that looks like a smudge on black scenes, 1st one right out of the box and the 2nd one after about a 100 hours usage.