>>>I am actually more interested in the cheaper model (R200?)<<<
I own the R200. Its print quality and its speed is exactly the same as the R300. It is only lacking in the "bells and whistles" as mentioned above (the card reader, and a preview display).
I paid $70 on sale. It was a clearance. It has been replaced, now by a new model, which sells for more than the $90 - $100 which the Epson had typically been selling for the last several months. If you can still find the R200, it will probably be a terrific buy -- jump on it. Otherwise, look for its replacement, but it is around $120 to $130, since it was just released.
And, yes, I love my Epson. Mine is also a dedicated machine, used only for the DVD and CD printing. I have a higher end HP machine for photo printing, faxing, scanning, card reading, etc.