thank you very much for the input! Ill go w/ the suggested Sanyo PLC-WXU700A for the projector.
For the screen I was looking at the motorized Draper Envoy; but am not sure which is best for an indoor room w/ out any natural lighting from windows. Glass Beaded, High Contrast Grey, Fiberglass Matte White or Panamax.
With the room size of 15' by 21 1/2' is 105" diagonal the right size screen?
For sound, I still need to find a solution. For the most part the projector will be used for presentations from a laptop so I dont think ill need a high end receiver. But will need something I can hook the laptop up to and play the audio.