It's a HP LaserJet 4000 and have no complaints. Also have a little Deskjet color 840c. It does the job well. My printers are having a well deserved rest since I started sending my reports over the internet.
You can forget using highlighters with ink jet printed paper. I use laser for everything except the photo pages for the few reports I need to print here. For that I have an old Epson Stylus 800. Laser is an old HP LaserJet 6p. Never had any problem with either one.
I use a Minolta Magicolor 2200, color laser printer. It's rated at 20 ppm black, 5 ppm color, in actual use a typical appraisal with 18 pages prints out in 7 minutes. (yes, I actually timed it)
The printer runs $999 at staples, and unlike most color laser printers, comes with all 4 toner cartridges (full cartridges, not just starter ones). It's supposed to print out approximately 7000 pages before needing to change a toner.
It's nice to have gotten away from loading new ink cartridges or printing out color on one printer and B/W on another. It's also nice to have a paper tray that holds 500 pages; needing to add paper every couple of reports on my inkjet got old pretty quick.
i stopped using an ink jet 4+ years ago. I would go through at leaqst one a year(pre emailing/PDFing reports) The savings you get with a laser( due to not having to change cartridges every other day) will pay for the new printer in less then a year. I had the HP 4000 something worked fine but slow. picked up the magicolor in December $999. Pictures arent as good as the HP, very blue, but 10 times faster. with the HP id get my pictures done first send them to print and then go back to typing report, seemed to work ok. 3 years it worked ok just sorta wouldnt print anymore, so bought the magicolor.
my vote is for laser!
Since over 90% of my clients are edi, my little HP inkjet does my occasional color pages just fine. Clients only want 1 set of color anyway. No use wasting money on high-end laser color printers. Use typical laserjets for production work on our small network. Besides when they break, the replacement cost is minimal.