canon and hp are good with refills as far as i've tried and heard, but i like to stick to my genuines. Epson i think have that chip security thing on it, but i'm not 100% on that. If you do opt for DIY self refill kits then there are "chip resetters" or some sort of device, but i've never used them. Also do take care not to spill ink all over yourself.. it very hard to get rid off. Some shops can do it for you.. and they even sell already refilled ones as well..
the only drawback of it, is that if your printer breaks, and under warranty, then the manufacturer can say its the cartridge's fault, and wont repairing it without $$. which is why one should keep genuine as long as needed, and buying "value packs" even better..
$700 budget for a printer is actualy quite generous.. im assuming american $ right?
this is from a aussie site, so its in
$AU.. and a general office supply shop, not a pc specific retailer like newegg or Harris tech and others, so prices can be different.. and so could be the models..
anyways.. this is what i was thinking..
brother 2040 AU$199
http://officeworks.com.au/shop/cata...K&PR=Q66&SID=4L45QDEUR06K8NAECFG1ERDLHJ0V9NF9
toner (2025) is about AU$95 for ~2500 pages..
and hp 3110
http://officeworks.com.au/shop/cata...K&PR=Q66&SID=4L45QDEUR06K8NAECFG1ERDLHJ0V9NF9
and a combo pack like this (american site):
http://www.costco.com/Browse/Product.aspx?Prodid=11109504&whse=&topnav=&browse=&s=1
so 199+379=578, consumables you shop around..
That said, if you think thats overkill,
the HP will do the job nice enough by itself 