School me on some projectors

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I'm in the process of converting my game room into a movie/hookah room but I don't know what to look for when purchasing a projector.
All I'm gonna be doing with is it watch some movies (probably via macbook pro), play xbox, and possibly watch tv on it.
Its gonna be displayed on a solid white wall btw.

What are my options if I don't want to spend more than $4-$500?
 
i use a benq joybee gp1

i like it. haven't had any problems with it. got it for 450. size is decent for a small-medium room. does okay with low light situations also.
 
I actually have one that I'm trying to get rid of. Never been used and still in it's original box. PM me for more info
 
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