My friend has this...
http://www.newegg.com/app/ViewProductDesc.asp?description=38-110-114&depa=0
What a great scanner! He's had it about a year... soon to be replaced by the Epson Perfection 4990.
I have an Epson Perfection 2400 for almost a year and a half...
It has been replaced with the Epson Perfection 2480 and is about $40 cheaper than what I paid...
http://www.newegg.com/app/ViewProductDesc.asp?description=38-110-116&depa=0
Certainly can hold it's own...
One step up from the bottom line is the Epson Perfection 4180
http://www.newegg.com/app/ViewProductDesc.asp?description=38-110-119&depa=0
I'd bet for under $200 there is nothing that can touch this scanner.
I remember him plunking down $300 for a Microtek 4700 in 2000 with my nephew when I was going to school for computer graphics. I used it more than him until I got my scanner... He was a Senior (class of 2001) and planning on the same career path as me. At the time, this scanner was a step up from the bottom... today it couldn't keep up with the $85 Epson.
My nephew went to work for a small record label designing CD packaging and posters. They print with a 24" Canon Bubblejet so their bands can have cheap promotional posters before a show or other event. The scanner the art department uses is the Canon Canoscan 8400F
http://www.newegg.com/app/ViewProductDesc.asp?description=38-111-118&depa=0
Dirt cheap and 3200x6400 dpi. They appreciate the high resolution because they will crop a 4x6 photo and make a 24x36" poster from it. Not as good dynamic range as the better Epsons, about 3.2 like the cheap Epsons. Good scanners will be more like 3.8-4.0. The 4180 has a dynamic range of 3.4, which isn't bad, just not great.