I'm hardly an expert, but I have my projector ceiling mounted, and it's a budget model. I previously tried a cheapo epson LCD before I found I had to spend more and got a Optoma HD70. I really like the Optoma - it's totally silent, the picture is excellent with no screen door effect.
As for mounting/placement - my ceiling is just under 8 ft, the projector lense is about 8" below the ceiling, as is the top of my screen. Projector Central has all of the info in addition to a calculator to help you set up your throw distance.
As for mounting/placement - my ceiling is just under 8 ft, the projector lense is about 8" below the ceiling, as is the top of my screen. Projector Central has all of the info in addition to a calculator to help you set up your throw distance.