Can a projector be used as a good quality second screen?

I've never attached a projector to my Mac, so I don't know just how good the really good ones can be. I'm a graphic designer who used to use a 27 inch iMac but now works on a laptop most of the time. I'd occasionally like to see my screen at a larger size with enough detail to be pleasant to use—no need for extreme HD. How would a good projector go at mirroring my laptop screen onto a flat surface? I'm wondering if there's a reason that projectors aren't touted as an alternative to a secondary screen...this concept doesn't appear anywhere I've looked online. If someone is doing this I would like to know specific projector models that you are happy with to create a secondary display for your Mac. How bright would it need to be to show up in the daytime? I'm interested to know people's experiences with the number of lumens needed for having a really clear daytime picture. I've researched this but am still unsure. I'm aware that it may possibly be cheaper to buy a secondary screen, but the portability of a projector would be a big plus if the display quality was good enough (accurate colour, good resolution). Also, will the projector echo the exact screen colour of my laptop? So if nightshift is on, will the projected image show that yellowing or will it be bright white?