LED or laser are both technologies currently in use with projectors right now - and at reasonable prices.
But, they are more limited at this time with a focus more on the VERY expensive home theater market (LED) or the commercial market.
Casio, right now, has a hybrid LED/laser/phosphorous projector which is rated to 25,000 hours of use and is around $1,000.
Apparently it is noisy, and the color balance isn't great.
That Samsung XGA model I saw was easily a HUGE product IMO for LED based projection. It was under $2,000 and was far brighter than it appeared. Just moving it into a 720p/1080p DLP chip set would be completely amazing to see happen, and Samsung already has the home theater projector available to drop that light engine into while maintaining the price point.
I think 3 years may be on the long side before we see economically priced 1080p home theater projectors. I expect in about two years we may see some models under $2,000.