Haven't you heard? The kids these days are crazy about tiny projectors. Optoma, 3M, Microvision--pretty much everyone seems to be getting on the mini bandwagon. Mitsubishi, a long time leader in the space, naturally, refuses to be out done. The company today announced the release of its Pico Portable XD95U Projector.

At 3.3-pounds, the Pico isn't quite as diminutive as the aforementioned models, however. As PC Mag's M. David Stone notes, "This is NOT a real Pico projector. It's what's usually called the micro category--2 to 3 pounds. "

The projector has a 3,000-hour lamp life, projects at 2,200 ANSI lumens, and has a quick-cooling instant shut-down feature. The XGA (1024 x 768 pixels) Pico uses DLP technology from Texas Instruments.

Interested parties can pick up the XD95U for $1,495. It ships with a three-year limited warranty on parts and labor and a 90-day warranty on the projector's lamp.