I believe you would have to use the pro lens. I am not sure if the standard triplet can fit such a large picture. I am positive that you could not use the standard fresnels, they are not large enough for that panel.
Even if you could get fresnels large enough to accomidate this panel (3Dlens.com may sell them), and could use the standard lens, you would need the projector in front of the seating. Otherwise the image would be extremely large - and likely too large for your liking.
As far as the panel, yes, that is wonderful for DIY! I have never heard of anyone using this panel before, but by all means give it a go. It would be difficult to use it without a backlight

Good luck,
Nick