"A smart TV experience in a box, but don't believe the brightness claims."
The '1500 ANSI Lumens' is marketing fiction. This is a native 1080p projector with enough brightness for a pitch-black room, whose main selling point is its well-integrated Google TV operating system.
This is for someone prioritizing streaming convenience and ease of use over pure image fidelity. If you want a simple, portable device for casual movie nights in a completely dark space and value the Google TV interface, the price is compelling.
Anyone needing a projector for a room with even low ambient light should budget for a model with verified brightness over 1000 ANSI lumens. Viewers sensitive to high contrast and color accuracy will be disappointed by the compromises inherent in a sub-$200 optical engine.