If you have a home office and space is rather limited for all of your peripherals, you may want to look into multifunctional printers. The quality of these multifunctional office products has really increased over the last few years and CNET has comprehensive reviews of five new multifunctional printers. From the CNET page:
An all-in-one printer gives you the freedom to complete multiple projects with the same printer, scanner, and copier, and fax machine all built into one central device. Most multifunction inkjet and laser printers also include front-loading media readers that let you print directly from your digital camera’s storage card without the need for a physical computer in the middle. If you do choose to hook it up to your desktop, you’re given a number of options for connectivity, with many printers featuring a build in 802.11b/g wireless print server, Ethernet networking, and of course the standard USB 2.0 port.Prices range from around $150 all the way up to $400 for extra features like multi-ink cartridge bays, increased dots per inch (DPI) results, and large format touch screens for advanced photo editing. Whether you need these auxiliary features or just want to perform simple print, fax, scan, and copy functions, an all-in-one printer makes a useful companion to your home or office workstation.
The dilemma with multifunctional devices is what to do if one of the functions breaks. You can either replace the whole unit or make due without that particular function. One must weigh the use of all the functions versus the space-saving advantages of a multifunctional printer. If you are going to make use of all functions, including the fax machine (does anyone still use a fax?), it may be for you. But if you are only going to use a couple of the functions, you should probably pass.
The multifunctional printers named in the article: