I was in Orange County for a few days and finally had a chance to personally experience a film projected with DLP technology (Texas Instruments). The venue was the Irvine Spectrum and the film was Spy Kids 3D.
The digital picture looks great, and conspicuously absent are the dust, scratches, reel change markers and flicker. Given the extremely high cost of duplicating films for distribution, the sooner every theatre is equipped with this technology, the better.