Bought a new projector a BenQ W1070 and upgraded my speakers to some Cambridge Audio Minx 21's and the Cambridge Audio Minx X200 sub.
The TV is now wall mounted so the projection hits the wall just above it.
This pictue is of the screen size from the projector which is at about 120", this video I'm playing is only in 720p but with my blinds open so you can see how good the picture looks with natural light coming in.
Then this one at 1080p with natural light still coming in