No.
It's worth mentioning that in the less than 10 posts you've had in the past year and a half, almost half of them have focussed specifically on the AAXA projector and nothing else.
The current M2:
http://www.projectorcentral.com/AAXA-M2.htm is about $350
I would more seriously look at:
http://www.projectorcentral.com/Vivitek-Qumi.htm - which has a $500 MSRP (so less really!) and is 1280x800 resolution (bomb!) and is
300 LUMENS!. No matter how you cut that, a 300 lumen HD projector can deliver a 100" image in a dark room pretty darn easily and is extremely exciting compared to 110 lumens and non-HD XGA resolution.
or:
http://www.projectorcentral.com/Acer-K11.htm - Which delivers about 200 lumens with a 854x640 resolution. You get a drop off in resolution, but the 854 width with 480 height is great for 16:9 widescreen DVD playback. The doubling in lumens gives you far more versatility in screen size. $375 puts it almost identically with the brand you keep talking about.
These toy projectors should be used as such. They are toys right now (RIGHT NOW!). People who own them are typically buying them for 'fun', not as a projector, but simply for taking with them as they travel, or for a kids area perhaps. If that is your goal, and you want nothing more than 60" AND you have complete light control, then it may be a good choice.
But, if you want to experience front projection, then get a projector, not a toy. I don't say that to sound like a jerk, but I've seriously considered getting one of the pocket projectors just for fun. But, when I've seen them side-by-side with home theater models, they don't hold up in any regard. Even against the cheap HT projectors.
So, the Optoma HD66 for about $600 is something that can give you a 100"+ diagonal HD image. For a few hundred bucks more you can get 1080p video.
So, I haven't bought a $500 pocket projector and the reason for that is that it is a LOT of money to spend on a rarely used toy.
But, the money that was spent on my 1080p projector is easily justified because it is used on our 106" screen regularly and with great joy.
I can say that if I were to spend money on a pocket projector, it would not be the AAXA, but would almost definitely be the Vivitek Qumi which almost triples the lumen output, and improves to a true native HD projector.
http://www.projectorcentral.com/Vivitek-Qumi.htm