I know this won't appeal to many of you bargain hunters but for work or home office this is a great price. I think this is a discontinued product so probably why so cheap:
Offering high performance black-and-white desktop laser printing over a variety of networks, the HP LaserJet 1320 printer series is ideal for any business professional or small workteam. This expandable laser printer provides high-quality print output and flexible networking, with the dependability and support that has made HP world-renowned. Compact size, ease-of-use and constant reliability make this printer a great fit for the home office or small business workgroup.
Reduce waiting time with built-in Instant-on Technology that prints the first page out as fast as 8.5 seconds and a highly efficient print engine that delivers print speeds of up to 22 ppm (letter)/21 ppm (A4). A powerful 133 MHz processor with 16 MB of printer memory (expandable to 144 MB) and Memory Enhancement technology allows optimum speeds to be reached even for complex jobs.
The HP LaserJet 1320 printer series produces consistent professional, quality documents at 1200 dpi resolution with a 10, 000-page monthly duty cycle. With HP Smart printing supplies, both printer and LaserJet print cartridge are optimized to work together, making adjustments to ensure optimal output quality throughout the life of the cartridge. The smaller toner particle size in HP LaserJet print cartridges also delivers crisp, sharp output for superb image quality and consistency.
Featuring an enhanced, compact design with no protruding trays, the HP LaserJet 1320 printer series lets you print simply and conveniently from almost anywhere in your office, saving valuable office space.