Newegg has the Canon PIXMA iP2702 Inkjet Photo Printer for $20 + $3 shipping ($0 shipping w/ ShopRunner) = $23 shipped. Features a print speed of 4.8 ipm color, 7.0 ipm black and a print resolution 4800x1200 dpi color, 600x600 black.
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4.8 ipm color? That's 2 minutes per page for a full color page! You will grow old waiting for it to finish.
^ At the high cost per page for inkjet printing of photos, I doubt you'll print many in a row.
#2, #1 might need his lusty photos printed at a faster rate to complete the job at hand properly...