I can't tell you much about Smart branded projectors, but I can tell you about the Smart Boards.
They basically are a giant touch screen for the teachers. They'll interface with any multimedia projector. The last school I picked up from used a combination of NEC, Epson, EIKI, and InFocus projectors, which all worked fine.
If these work, check the lamp hours. Most projectors will go for 2000-2500 hours on the lamp, but some can go longer. Most projectors will show you a percentage or estimated time left on the bulb.
As for the school that your daughter goes to, check out eBay. The off brand projectors can be very cheap sometimes. I sell my Epson and NEC models, but the stray Mitsubishi stays with me, because of the low resale value.
That might be a good place to check if this falls through.
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