I personally have done deep-dive tests with several projectors within the same price range including Epson LS12000 and Sony VPL-XW5000. But still, even with their strengths, I prefer the BenQ W5800.
Let’s start with the UHD standard. UHD is not only about having 4K resolution. More importantly, the standard requires a minimum of DCI-P3 colour space, 10-bit colour depth and gradations, and HDR. Because of the HDR requirements, a certain level of brightness needs to be achieved and the more light intensity, the better the image quality will be.
Let’s also address with the elephant in the room. The DLP chip size used in W5800 is smaller than many other projectors. All things being equal, that is a detriment as the larger chip size the better the image quality will be. However, other aspects of the projectors combined still make the W5800 to be better than its competitions.