A glorious new printer?

I have cursed my HP Photosmart printer more than a hundred times, especially during the holiday season trying to get out stationery orders. Stephen would sometimes come in a say, "What is wrong in here?!" I mean seriously, I would sound a little tiny bit like a sailor. I keep threating that I'm going to get a new printer that won't jam every single piece of cardstock I thread through it. Well, today I headed in to my local office supply store to get a couple ink cartridges for my crappy printer and get a couple of note pads glued together when low and behold... "Ahhhh!" I see a yellow light with a wonderful glow... it's a glorious printer and it's marked down from $300 to $110. It's one I've drooled over online before on the Epson site. It prints up to 13x19 inches and the paper feeds from the top. This baby will be able to print 12x12 scrapbook pages, and all of my stationery needs. It even comes with 2 warranties.

Behold the Epson 1400 Wide Format Printer:

Print 13" x 19" enlargements fast
Amazing color and detail with Claria™ Hi-Definition Ink
Automatic color and lighting correction for better photos
Direct printing onto ink jet printable CDs/DVDs
Photos that last up to 98 years under glass and 200 years in a photo album1
4" x 6" photos in as fast as 46 seconds; 8" x 10" in as fast as 1 min 51 sec1
Six sensible individual, high-capacity ink cartridges

So, personally, I think the correct economical choice would be not to spend $50 on new ink cartridges for the crappy printer, but to shell out $60 more and get this awesome printer that already has the ink included. Hmm... time is a waistin', what do you think?