Digital BW, The Print

First off, I am a newby to this site. Secondly,it's easy to see most 
members questions and answers are way over my head.I would like to 
ask a question or two. I am considering the purchase of an Epson 
2200. My question(s)are; Can I expect this printer to deliver 
quality and sellable prints in both color and B&W? If so,is Epson 
ink and paper a good choice? I do most of my work in B&W, but I need 
the option of color also. Many thanks for any advice.  Michael