Optoma has announced a brand spanking new projector that hovers below the $1,000 price point. Barely. The HD20 is a DLP-based front projector featuring a 1080p resolution and is aimed squarely at computer and home theater users. You can take the image all the way up to 120-inches and it has a contrast ratio of 4,000:1, with 1,700 lumens of brightness.

Some other features include two HDMI ports and a VGA connection. Some analog connectors are also included like RCA and component. No release date yet, but the $999 price tag sure makes it tempting.