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You will want a minimum of 2000 lumens for any projector. TigerDirect.com has some graet prices. Pros: With a projector are you can get HUGE screens. I use a 100" which makes for a nice big room effect. Cons: You need about 10 - 15 feet between the projector and the screen to get the proper effect which means you better have the room available and you need to keep people out from the beam.
Another option for a nice presentation for smaller rooms, for about the same amount of money, you can now buy a 48" LCD monitor which can be used for many applications. However, you need a save way to transport it.
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