According to Engadget, the MSI Projector PC blasts HD video at about the quality of a micro projector. They also mention that the brightness is notably a step above the pico projector levels.

Essentially, the MSI Projector PC is a micro projector with a PC and DVD drive built in to it. The plan is to pair it with their wireless mouse and keyboard for living room use. The advantages are merely novelty as one can easily plug in a laptop or PC to most pico and micro projectors as it is. MSI conveniently bundles up the idea in to one small package.