Good choice.....almost like having the 4880 but with a paper/sheet path that actually works. I've got a 4800 and 4000 that are almost worthless as sheet printers so I stick to roll paper. My 24" 7800 is actually the better sheet printer due to the straight paper path...as long as you don't mind feeding single sheets!
The Stylus Photo R1400 is another great little printer (13" width) that has a very nice color gamut, it's just not going to have quite the print longevity as the Ultrachrome ink printers. But for under $300 you can't beat it.
Again, 2880 is going to be a great printer for you.
Regards,
Terry Wyse