I've been buying computer accessories since the early 1980's. My first color printer was a dot-matrix, that's how long ago it was. I think it cost me $400.00, too. When I was sick and tired of putting out a third of the cost of a new printer in new ink cartridges with an Epson, I started looking around. Then I found a sale ( story of my life - I bought it on the spot ) on this Hewlett Packard All-In-One. That means printer (excellent color and low cartridge cost), fax, copier and scanner. Over a year later, and I couldn't be more pleased. Short of putting in the right paper and keeping the hopper filled, I don't even think about it. Oh, I do get a warning that one or the other ink cartridge is getting low, but the very cool thing is that the local drug store now fills them up at less than half of the cost of a new one. The setup is quite long, and HP loves to advertise themselves, but it is really pretty foolproof.
Scanning puts out a file so large it will pop a hole in your onboard memory. I'd compress the things before you store them and forget them. The Optical Character Recognition for my word processor works very well. I've seldom had to correct more than five percent of the page, and it even recognizes most typestyles. Faxing and copying are simple as can be. It has a seemingly failsafe feeder hopper that will handle more pages at a time than I've ever needed.
I am no fan of reminders of new products from any manufacturer, and since the price was so terribly low, I considered not even registering it. I'm glad I did, though, as HP has put out some really fine patches and upgrades to the software since the purchase date. Should this one decide to stop working ( heck, if it moves, it's gonna break ) I'll look for the latest version on sale and get one. If it works, don't fix it, I always say.