Just as an aside ... your projector is going to be BEHIND you, far away from the screen. This means that your consoles don't need to be up next to the screen - in fact, from a wiring standpoint, it probably makes more sense for them to be "in the back," by the receiver/projector. Of course, with 50 ft HDMI cables, you can do just about anything you want, but remember:
1) consoles must be very close to receiver (3-6 ft, like any normal A/V hook up)
2) receiver must be "reasonably" close to projector (i.e. you should try to keep your receiver->projector HDMI hookup under 25 feet if you can help it)