If you are a videophile and demand that your display squeezes out every last bit of quality from the source, then you need a Sencore RadianceXD. This 2u processor not only upscales, processes and is a full HDMI switch but it has a built in CMS (Color Management System) for tweaking the color gamut to be true SMPTE 701 (or other SMPTE standard color space like 601, 709, xvYcc).
The Radiance also features dedicated HDMi receiver on each HDMi input which means that switching to each source is super fast and requires no resyncing. There are six HDMI inputs and a plethora of other IO. What is really exciting about this product is the support! They offer firmware updates almost monthly which constantly makes the RadianceXD better.
This is definitely a product to add to your home theater rack, especially if you own a D-ILA projector since it can correct the saturated color gamut issues.
For more information, check out Sencore Audio/Video.