Thanks, I didn't know that. But on further research, I found this on the AVSForum:
So even LED-DLP will do the "flashing" which is what I meant by "invisible flickering". 1-chip DLP will fool your eyes into thinking that the 3 images you saw are just one image. That may not bother many, but it may cause eye strain to some. My problem is not how the picture will look, but if it causes some eye strain even if the picture appears properly without any rainbow effect.
Here's some more info about 1-chip vs 3-chip DLP and why 6x wheel speed is better while 3-chip DLP is best and similar to 3-LCD:
Color wheel DLP | projectorjunkies