At the InfoComm 07 show in Anaheim, Epson introduced its latest SVGA model resolution projector, the PowerLite S5.

This model carries an estimated street price of $649 in the US, making it one of the least expensive projectors available today. It's also bright, rated at 2000 lumens - up 200 lumens from last year's model, the PowerLite S4. Here's what it looks like:

The compact PowerLite S5 is relatively lightweight, weighing in at a portable 5.8 pounds. And even though its price places it right at entry level, the S5 doesn't skimp on features: it can accept 720p and 1080i video signals; has virtually instant on and off (just 5 seconds according to Epson); has a 1.3x digital zoom that works for both short and long throw distances (from 2.9 feet to 39.8 feet), and has energy efficient lamp technology which lets the projector lamp last for up to 4000 hours.