Black and white printing presents several significant challenges; the ability to produce a neutral color, the ability to maintain that neutral appearance under different light sources (reduced metamerism), the ability to attain graybalance (consistent color throughout the entire tonal scale); the ability to achieve a very dark black (high dmax) without sacrificing shadow detail (low dot gain), and longevity. All of these things are now easily attainable.
Black and white inkjet printing has come of age. In past years, there have been many compelling solutions for making black and white prints with inkjet technology; some have been fraught with problems (third party quadtone ink sets clog easily) and others have been expensive (ColorByte's ImagePrint RIP). Today, superior quality inkjet printing is both affordable and easily achieved.