You'll need a Blu-ray player also, but you can use the same Blu-ray player you're using with your current T.V. (if it's in the same room, or close to it) just run an HDMI splitter if your Blu-ray player doesn't have more than one HDMI output..........
As far as "how much it will all cost" My projector is just a 720p model, and was purchased awhile ago for $600, and I made the screen for $75 or so....
There is a thread around here where a 1080p epson can be had for $700 or so from Best Buy, if you're lucky enough to find one......
It's a whole new experience when it comes to watching films on the "Big" screen...... good luck!
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