Still an inkjet though
It's still an inkjet, though -- probably the world's biggest false economy, and borderline fraud.
Inkjet printers dry out and clog up. The quoted printing speeds assume copies of the same document (and that it will fit entirely within the printer's memory). The page yield figures don't take into account the cleaning cycles you have to run if it's stood idle for more than a week and you want middle strokes in your E's. The slightest hint of moisture in the air will turn a printout into a mess of running colours. Yet we seem prepared to put up with all these faults, for the same reason Basil Fawlty kept on hiring O'Reilly.
Seriously, if you want colour printing, just stump up the extra and buy a colour laser printer. It'll still be going strong, long after the third or fourth inkjet you would have ended up buying.