Printer sharing question

Hi. My dad just got a big check from Cisco and chances are that we're going to use a portion of that on a brand new iMac. Yay!

There's just one little problem;

We have an older HP parallel-port all-in-one printer that won't work on it. Duh. My question is since I have an XP box that will support it, if my parents get Airport and if I got a 802.11 card, could you print from the Mac to my PC or does it only work with USB and Macs?

-Thanx

 

Does anybody know how you would go about this?

 

Okay, I lust looked at HP's website and it says that the HP Officejet 700 All-In-One isn't supported by any Mac OS, would Jaguar not print to it anywayz, wether we had a usb to parallel adapter or used the airport printer sharing?
C'mon, surely somebody can answer at least one of these questions. We're going to be spending $1400 on a brand new computer and we don't want to spend another $200 to replace a working, albeit old, printer.

 

Damn. Guess it's a new printer for us then.

 

Thanx, but color printing is important. It's really for my Mom, and she does photos every once in awhile, even more if we get a digital camera with part of this check. She wanted an all-in-one cuz she does copies ocassionally, but we'll probably have to settle for a seperate scanner and printer.
I'll keep that in mind if I ever start printing a lot of documents.