Digital BW, The Print

I have an Epson 1160 printer more or less gather dust
in the back room.

Lately I've wondered about putting this into duty as a
dedicated B&W printer.

What MIS setup might I seek out and what quality of
results should I expect?  It's a 4 color printer, yes? Can
I expect results akin to my C86 4 color printer, but with
larger print support?

Any downsides to anticipate?

Thanks much for any and all advice.

Scott