Installed the ppd I extracted to both PSPRINT and PSCRIPT on my old OS/2 Warp machine, pulled a printer template and filled in the necessary information and port and it prints in full colour without any problems....
NICE!!!
...I tried both the IBM PSCRIPT driver and the PSPRINT from Alex. Comparing both there is no apparent difference in output so I have decided on using tthe PSPRINT driver because of its ability to embed TT fonts....
I think the idea of PSPRINT is a pretty good one, but of course depending on how many of the fonts you use are actually built-in to your particular printer the result may or may not be resounding.
In my case, when I specifically used fonts that are not built-in I found that the print jobs themselves got so much bigger (especially on docs which were a combination of different fonts but just a single page or a couple of pages only) that it occasionally took a while for the printer to render the job. Now this could be just a matter of printer engine capability, etc, etc...but in the end I stuck with the IBM PSCRIPT to just keep things moving smoothly.
Keep in mind, my printing is for home printing pursposes, very little fancy fonts, etc, etc...no business presentations here!