It can be projected, and looks good if you have a powerful enough lamp. The standard entry level 150 W is underpowered, 250 W works well, some Kodak carousel models have 300-350W lamps, and if you're really nuts you may go for a 500 W xenon lamp. Which will blow away your mind, you just won't believe those images.
cheers, caveman
My experience is the same.
Ed
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