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well they'd do different things. monitors would give you a better picture and 5 would give you mega super duper wide screen while a projection would be a very large normal widescreen. i dont think either is 'worth it' i think a widescreen LCD is perfect.

but a projection would display it huge up on a wall.. while 5 monitors wrap around you forming a type of half circle, thats really what its about, i've only seen it done on a couple games, and i have no idea how it would have to be done to setup (cuz its running of muliple gfx cards) but they arent all whats infront of you, the ones on either side are actually showing the sides. the picture actually does wrap around you.

have to find that site that showed it running agian in 5 screens.