I'm Thinking About Buying A Projector. Any Tips?

Like A Sir

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Mar 8, 2015
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So, I'm thinking about buying a projector, and setting up a wicked gaming room... Any tips?
I'm thinking about spending the least possible, of course. :p
What are the main specs I should be worried about?
My living room is not that big...

Any suggestions, tips, or help of any kind will be deeply appreciated!

Thank you, gentleman!