It might not be mission-critical equipment for your home, but a good label maker is a nice gadget to keep around, and Amazon's top seller is only $10 today.
Update 3: The $10 Dymo is back! You'll have to wait a little bit to get one, but you can lock in your price.
Update 2: The LetraTag is sold out at $15 now too. Moving right along, I'd probably recommend the Brother P-touch Home and Office Labeler for $19. That's not an all-time low price, but it's on the low end of its usual price range.
If you remember the old label makers that literally pressed the letters into a piece of tape, this is a bit more advanced than what you're picturing. The Dymo LabelManager 160 can print in eight fonts at six sizes, along with clipart and special characters, and you can even preview the entire label on its LCD screen before you print.
Again, this might not be something you pull out every day, but at $10, why the hell not? [Dymo LabelManager 160, $10]
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