I bought this software at the Quilt Festival in Houston and LOVE it! I am the same way - a ton of ideas, and many UFO's in standing in the way of me starting another project, so I have not used the software yet for a quilt!
I own an HP printer that I use for printing on fabric. I am not real pleased with it, as the fabric seems to jam quite a bit and the color could be better. It is a printer that is designed primarily for printing photos. I have been doing some research and am thinking about moving to an Epson printer that is an ink jet...... I don't know enough to be an expert but am hearing that that technology might better for printing on fabric.
I do use the printer quite a bit for printing labels for my quilts.... and hope to use it one of these days for a kaleidoscope project!