I had a 2200 for a few years when they first came out(using a 3800Pro now). It is an excellent printer! The prints are rated to resist fading for a long time when using genuine epson inks and papers.
Because of it's small ink cartridges, don't expect it to be a better value over sending out for chemical prints. I'd guess it'll cost you $2.00-3.50 per A4 sheet of paper printed. More if you use an expensive paper. For comparison my cost with the 3800 are $1.18 per A4 Premium Lustre print including 25% ink overhead.
Pointers I can offer are to standardize on either matte or photo black. Switching between them cost a lot of money in wasted ink, it needs to purge the lines each time. Make sure to soft proof your images in your printing software to prevent waste. I suggest getting QImage and look into Quadtone RIP for B&W
As far as paper choices I am in love with the new Epson Exhibition Fiber. It is kinda pricey, but I have never seen better print quality. It is sharp, has very deep blacks, and has a huge color gamut, supposedly the largest of any paper made. It is similar to an f-surface if you have ever seen that. Epson Ultra Premium Lustre is also very nice. It is a luster E-Surface similar to Fuji Crystal Archive Matte. I will be trying Ilford Gallerie Smooth Pearl and Ilford Gallerie Gold Fibre Silk. The former similar to Epson Lustre but with a heavier base and the latter similar to Epson Exhibition Fiber, but substantially cheaper. Can't comment on them yet but they're worth a look. For what it's worth, I preferred matte papers on the 2200.
There are so many paper choices out there, that you might want to look into getting a sampler pack and finding what you like best. Felix's recomendation for Red River papers is a good one too, I've never used them, but they are well liked. I buy nearly all my paper and ink from Amazon.com. Inkjet art is also a good place:
Inkjetart.com : Welcome.
Some links:
2200 BW Battle of the Barytas Epson Exhibition Fiber Review Epson 2200 with Epson Exhibition Fiber? - Luminous Landscape Forum QuadToneRIP Overview
Hoped I've helped a bit.