Hi gaz,
Nobody else has posted so I thought that I would put my 2 cents in. I am new also and in the process of building my projector so it's probably more like me putting my 1 1/2 cents in.
I don't know if I would go as far as painting my ceiling black etc. I couldn't see how that would make such a drastic improvement that it would be worth taking the time and money on painting the room.
I have seen a lot of people going to a fabric store and buying fabric to place on the wall which would probably have a better outcome than painting the room. Again I'm new so I'm not for sure the exact material they use so you'd have to search around in the "Screens" forums on this site. In
THIS post Ookpic is planning on group buying a lot of fabric.
Here is a really good read
HERE, also in the "Screens" section that goes over several different paints etc that you could paint onto your wall or projection material.
Also I believe that painting your walls/ceiling will not provide much results but I read in a thread, not sure on the link but it's in these forums, that people have painted the inside of there box: white in the bulb area and black in between the last fresnel and projection lens area. Again what outcome it has I don't now since I'm still waiting on my parts
Hope this helps a little