Last night (9th August 2010) The Gadget Show on Channel 5 did a review of Photo Printers and if your thinking about buying one it is well worth watching.
If you didn't catch the show you can watch it here:
They took 10 Inkjet Photo Printers and printed the same photograph on each machine, the photograph used was taken by Martin Brent(world renowned photographer), then Martin and Jon Bentley whittled the list down to 5 printers based on the best photo quality.
The top 5 printers were then put into order decided by the running cost, the top 5 were as follows:
The Gadget Shows no. 1 Photo Inkjet Printer was the Kodak ESP3250, they were more than happy with the print it produced but what really made it stand out was that the running costs were "less than half the price of it's nearest rival".