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I went with laser after having ink drying problems, and my current printer is a MFD (multi function device) - copier, scanner, printer, which can also output double sided pages without me needing to flip them.
Except for the up front cost, laser printers are likely to be more cost effective - you are not needing to replace dried up ink cartridges if you print infrequently, and if you print a lot, the toner is almost certainly going to be cheaper than ink.
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