Even worse, it shows how the government and private industry make backroom deals to weaken our privacy by compromising everyday equipment like printers. The logical next question is: what other deals have been or are being made to ensure that our technology rats on us?
The spooks apparently said that they did this to combat "counterfeiting". I presume they don't mean currency (since with currency the paper itself is a major part of the security), so they probably mean bonds and stocks, etc. Even then, the real problem is elsewhere. Telgi did not need these kinds of printers to run his stamp paper scam.
The real damage is to people like political dissidents. Hopefully they'll start using black and white printers! Or at least yellow paper ;-)
[Actually, by keeping the whole scheme secret, they tacitly admit that this scheme will not actually achieve much. Security that depends on secrecy of the design is, in the end, useless security.]