Quoted from Speed:The Mitsu Mr. Slim is the favorite of my a/c guy (also a great friend of mine). The only downside to this option is cost. The unit is about ten times the orig cost (Accordingly - also ten times the replacement cost) of a "window shaker". Otherwise, though, if money is not the number one issue (ie. You have already dumped 30k in pins and 30k in a gameroom) then by all means consider this a great solution, as ccotenj has suggested above.
Honorable mention goes to the old fashioned $250 "window shaker". Very cheap to install, very cheap to replace, and, just like when you had you first clunker car in high school - you can just turn up the volume on the pins/stereo to drown out the unwanted noise.
yea, they were not cheap... $13.5k installed for 4 inside and 2 outside units... not quite 10 times the cost though, at least in my case, i was looking at about $3k to replace my 5 window shakers with "appropriately sized" units... given the "savings" in electricity (not to mention how much better they work), i think (think, not "sure") i'll come out ahead... plus i'm hoping it is a "value add" if i actually sell the house before i die... but as you point out, the initial investment is significantly more than window units...
your last sentence is what pushed me over the edge to do this, honestly... after spending heaven knows how much time, effort and money on a "good" listening/viewing environment, it was driving me nuts to have the constant (and loud) drone of the window units... plus i couldn't really find a high enough btu unit for the theater that would actually fit in the window (damn replacement windows have a much "smaller" opening than what was originally there)... it takes a lot of btu's to overcome the heat generated by the pj/other stuff... the unit that was in here would run constantly, and during the summer, it would still be 85 degrees inside... so i got all of the downsides (noise, rattling,etc.) with no upside (still was hot)... with the mitsu, i can turn it into an igloo, if i so desired...
plus now i have 5 "spare" (well, actually 3 now, since i've already re-located 2 of them) 20 amp dedicated circuits to play with... i had those circuits run specifically for the window units when i had my house completely re-wired 15 years ago (another "not inexpensive" project )... that was a nice little "bonus"...
that being said, if someone is just trying to do one room, doesn't really care about the noise, and will not be using it all the time, a window unit would be a better solution from an economic standpoint... like everything else, it depends on your end goal...
the other thing i'd add is "ensure you are properly btu'd"... ties back to my earlier theater comment... while you definitely don't want to "oversize", "just barely enough" btu's rarely works out... it would be the same with pins in an enclosed room... stick 4 or 5 (or more) pins in an enclosed room, and those puppies are going to make it darn warm in there... nothing in life is more frustrating (to me, anyway) than spending money and not getting a "good" solution in the end...
edit: side note... if i had room for ductwork, i would have gone with the "central air" solution... the cost would have been essentially the same (once you factor in the expense of ducting), and the central is a "better" solution than the split...