Owner discussion places this squarely as the replacement for BenQ's long-running budget 1080p projector, and the comparison with that older model is the whole conversation. The LED light source is the reason to move: no lamp, no brightness decay, no consumable. The price increase is the reason to hesitate, and owners are open about that being a real trade rather than a free upgrade.
The technical point owners make most often is about resolution. This is a 1080p device that accepts a 4K signal, and experienced owners are clear that this is not marketing: the wider colour space and HDR metadata carried by a 4K source genuinely improve what a good 1080p projector puts on screen, and the resolution difference at normal seating distances on a normal screen is small.
The consistent caution is brightness. Owners describe BenQ's LED models as not especially bright, and pair that with advice about screen size: this is a projector for a screen around 100 to 120 inches in a room with some light control, not a 150-inch installation.