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I bought my LV 7340 used from an audio visual company for £270 some 8 years ago. Apart from the power supply failing after a few weeks which was kindly done free of charge I have had no trouble whatsoever. the quality of picture is superb. I bought this projector because of the lens. I needed a picture size of about 72ins at a distance of 12 feet which was very difficult to find, there not being many projectors with this focal distance. It was also a genuine xga resolution. The lamp has been changed twice in that time being in use for about 10 hours per week on average. It is a badged version of one of the Sanyo projectors.
I have recently been to see a friends HD projector but I felt there was not a great deal of difference. I can heartily recommend this projector to anyone who is contemplating a used one.