The main problem for me with this, is that it is only a photoprinter, and as such will be in the cupboard a lot. What puts me off this printer are the following:
1) cost of replacement ink. You will only be able to use Kodak cartridges. Its' worth while checking the cost of them, and how long they last.
2) It is only a a photo printer. You will not be able to use it for anything else. If you already have a printer, you will likely find it will print more than acceptable photos. Especially if you use one of the Photo CD's on the market. They will let you print prints photos of different sizes, as well as changing the look of the print, by adjusting colour saturation etc.
I have a Kodak photo printer, and it sits in a cupboard having been rarely used. Sorry to put a dampener on a pressie from your mother, it was a lovely thought, but you can buy cheaper photo printers that can be used for all types of printing, such as letters, Craft projects etc. Hope this helps with your decision.