Am I missing something here?
Nope,
The method you are thinking of printing it on
tape, then playing it to the projector with a
camcorder or miniDV deck would be a perfect solution,
seeing you can set it up that way.
You should not experience any glitch during playback
(unlike DVD) and as you said, less compression
(more pristine quality).
Steve Rhoden
Creative Director
TNX EFFECTS STUDIOS.
sample bits at
http://www.youtube.com/hentys