Could it be distortion in your PJ screen? Mine isn’t perfect either (a different projector) Have you tried the same test and measurements but on a flat wall for comparison?
First of all: @SchmuFoo for being so thourough, I really like your approach!
@Sponnie has the correct answer in my opinion. The lens could created something like this also, but I think it’s surface tension in your screen leading to the screen not being completely flat at that spot.
See if you can find a (white) furniture plank and hold that in front of the image at that point? Or try projecting onto a white door.
I see. I didn’t notice the wave But yeah, like what they said, it’s most likely caused by your screen. It’s not tensioned? Also, I assume you don’t use any of the digital corrections. In my observation, they do cause some jagged edged/corners but not waves.
As said, your screen should be wavy. That makes funny effects when a car is in profile on the screen.
In this state, I only found a crossbar (wooden or aluminum) to put in place (at the back of the projector) to solve part of the problem. But in your case, I don’t have the impression that the image is as distorted as that.
Guys have a look at the top and bottom part of his image projection. They are nearly dead straight. Only the inside part from the startup page is wavy so the assumption that his screen is wavy is wrong.