Paper printers today are far from flawless. They consume a good portion of IT time (in companies and for those of us who are the family tech support). I'm a tad skeptical of a universal printer. The reliability to print anything of a complex nature (beyond simple plastic molds) is a major concern. Doing this at scale (putting this in each persons home) is a nice idea, I just don't think it's reliable enough. I hope I…
Think for a minute about the photo-finishing industry. In theory, almost every home with a computer and digital camera also has an inkjet printer capable of producing photos. In practice, by the time you get the printer set up and properly calibrated, buy the right paper from the store, and finish color-correcting your images, it STILL COSTS MORE to print a snapshot at home than it does to get it made by the local Target or Wal-Mart. The exception is for pro or semi-pro artists who are printing canvas wraps or large-scale enlargements, in which case the investment on a large-format inkjet becomes pretty substantial.
The problem with the "maker proliferation" theory of society is that not everyone wants to be a maker -- in fact, I'd argue that not even 10% of people want to be makers. This is what the One Laptop Per Child project ultimately found out -- even most curious children don't really want to hack their computers, or build their own word processor.
If we end up with 3D printers in every home, I can guarantee that for the most part, we'll end up with a lot of crappy, expensive Christmas ornaments and paperweights.