Wouldn't it be so nice? You have this 14 megapixel camera with a 5x zoom and you snap lovely photos and videos with it. Then you return home, and you want to watch everything on a large screen with friends or family. What do you do? You may be in a hotel without an HDTV. You just turn on the camera and there it is! Everything on the wall! Wow.
The Nikon S1100pj can record in 720p, sorry, no 1080p. How much do you expect to get for $350? But anyway, the camera has image stabilization too.
And hey, want more? The camera boasts USB projection! Whatever is on your computer screen can also be projected onto anything upto 7 feet away! There it is! A perfect camera, with PC projection inbuilt!