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HP CEO: You're 'bad investment' if you don't buy HP supplies
(www.theregister.com)
This is a most excellent place for technology news and articles.
Right. There isn't a printer under $150 that anyone should even consider. If you can't afford the upfront cost, then you won't be able to afford the ink of the "cheap" end of the market.
More people should consider not owning a printer at all and using a FedEx print shop or some such. I get the convenience argument for having one, but consider it.
I invested $150-200 on a Brother laser printer a very long time ago. Like we're talking USB 1.0 era long time ago. It still works just fine. I've had to replace the toner cartridge once. Those things are workhorses. They will last until the sun goes out. Get one of those if you need a printer. It will still be compatible with your OS, the quality will be all you'll likely ever need, and you don't even have to worry about getting a new one because you can get an ancient one on eBay for a very low price and it will still be fine. All you're missing is color and even if you print a lot, like you said, go to FedEx if you need color because it will probably be cheaper than ink anyway.