Mine doesn't have a lot of adjustments that can be made, but what it does have, it does well. Newer models have more capabilities. Pictures are fine quality. You would never think they were developed in a little thing like this. It's very compact, can be used as a stand-alone, or hooked up to the computer.
I recently found one of the older models (new in sealed box) on eBay to buy as a gift for $60 including shipping. Refill kits are around $40 for 150 4x6 pics, but can be found on sale if you look.
http://www.epson.com/cgi-bin/Store/PictureMate/pmHome.jsp?oid=0&ref=r0302ETb48&s_kwcid=picture%20mate|773323620&gclid=CMeZvsCcl5QCFQMUGgodHirVtg
edit: current prices at B&H Photo
http://www.bhphotovideo.com/bnh/controller/home?ci=0&sb=ps&pn=1&sq=desc&InitialSearch=yes&O=jsp%2Fworkaround.jsp&A=search&Q=*&bhs=t&shs=Picture+Mate&sb=ps&pn=1&sq=desc&InitialSearch=yes&O=jsp%2Fworkaround.jsp&A=search&Q=*&bhs=t&Go.x=15&Go.y=12