I noticed that inshaala mentioned that he is,

looking at printers, ... [and wants a] decent one able to print 8x12

Don't forget that in the USA, legal size paper is 8.5" x 14".  I would expect
that any printer that could handle Legal size could also handle 8" x 12". 

BTW, is 8" x 12" the same size as A4? 

I own a Canon PIXMA IP5000 ... it can print

Paper Sizes: Credit Card (2.13" x 3.39"), 4" x 6", 5" x 7",
                     Letter (8.5" x 11"), Legal (8.5" x 14"), U.S. #10 Envelopes

Ink system has 5 tanks: CMYK and Photo Black

Resolution: CMY and Photo Black (dye): 9600 x 2400 dpi
                    Black (pigment): 600 x 600 dpi

When it was available, it cost $175

The curent equivalent printer would be the Canon Pixma IP4500 (it has the
same ink system and other specifications as my IP5000) about $130. 

If you wanted to step up to a professional printer, you could consider the
Canon PIXMA Pro9000 which offers ...

Resolution and ink: 4800 x 2400 dpi, 8-color dye ink system;

Paper: 4"x 6", 4"x 8", 5"x 7", 8"x 10", 13"x 19", Letter, Legal, U.S. #10 Envelopes

... list price about $500 ... but seen on the web as low as $527. 

--
Martin