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Another option is a print server. You can get wired print servers in the $50 range, wireless units are more expensive. Many of the newer All-In-One printers are already neworkable with a network interface installed, some even have on board wireless and bluetooth.
One benefit of the print server or networked printer is you do not need the "host" machine on and it may give a bit more flexibility on the printer location.
JamesO
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