Since the OP has not specified where he is, the projector would only need to be varianced if he resided in the US.
So to the OP, if you live in the US and intend to perform public shows with that machine, DONT until you have read up on the regulations, and have done the nessecary modifications to the pj to make it comply.
Similarly you should check the laws of your own country if you do not reside in the US. Nothing would be worse than starting a kick ass show with your new projector and getting shut down becuase you failed to follow some regulation.
I agree on it being a tad dear. 445's and 650's are pretty cheap (and have pretty horrible beam specs too)