Pros: Glossy, rich, SHARP prints. Very fast, very quiet, reasonable toner costs. Optional duplexer makes putting reports together quick and easy, HOWEVER, I would suggest the 256mb or at the very least the 64mb memory upgrade with the duplexer.
Cons: Doesn't like 110lb cardstock, but advertised that it would print on it. (From manual feeder or paper tray).
Summary: We're happy with this printer. We had an older version of the same model, so we are familiar with it's capabilities. We struggled with the network capabilities though - not sure if it was our lack of knowledge, but the IP address kept changing on the machine so one day we could print, and another day we would have to troubleshoot to figure it out.