go to walmart or target. buy the HP deskjet 3320. it was like $60 or something, prints on photo paper remarkably. the performance of this is easily comparable to high-end printers 1-2 years ago.
cartridges are 1 black, 1 color, the color is included and will automatically mix black ink if you don't install a black cart... somewhat handy, but wasteful-- buy a black too. i don't remember what carts are priced like, think it's $17-25 range... not too bad...
edit: a little more specs... your printer is 600x600? dpi, this is 1200x600 (best on photo paper)... not the fastest tho, 8ppm black with black cartridge, but then when have deskjets been speedy? HP's price is $49.99, listed on their website.
pnw