It has some very good reviews... Comparible to the Z4/AE900 for sure. If you don't have placement issues, then I don't think it is money wasted at all!
The current lineup of projectors is just phenomenal.
Make sure you do your reading over at
www.projectorcentral.com if you haven't yet. They have a fresh review of the HC3000 and some people on AVS Forum are talking about it as well.