I don't understand why you need as much as 5', but what is great about that is more flexibility with speaker placement. I find that more space from the front wall, or closer to listener, provides the best imaging.
That said, I wouldn't call a smaller screen here a sacrifice!
I also downsized with false wall, but it's great. The 144x81" you mentioned, that is a 166" screen!
I looked up your PJ, and while in Dynamic mode you have the power to perhaps light it up, it will look very bad if you are a videophile with film.
The PJcentral review,
after their best/favorite calibration, has it at 525 lumens, way below the 2k or so with neon-green-dynamic. A 525 lumen PJ has no business trying to light up such an enormous AT screen. Bear in mind this is in
high lamp mode as well. Also bear in mind that this is a new PJ/bulb. If regular lamp mode, after a few hundred hours, that number will drop very significantly. Don't light up such a huge screen with this PJ.
Therefore, downsizing your screen is not a compromise here,
but an improvement.