You can toner transfer any color you want onto the board *after* you etch it to make a silkscreen layer :-) But I find that a color laser (I have an HP 2550N) is really handy - color coded schematics and board layouts, colored maps from google, etc. You won't regret it. For business use, spot colors (i.e. color just one header, or a logo) can be very effective.
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Re: [Homebrew_PCBs] Laser printer -- mono or color?
2009-04-22 by DJ Delorie