usbcrazy:
Correct if I can intercept the data from the computer then have it go to two places 1) USB Printer 2) Generic Com Port Printer. Is this possible?
I already answered your question:
"Maybe after several months of reverse engineering work, you could write a microprocessor to emulate the printer you have in mind."
Months might be optimistic depending on your experience with the USB protocol and the internals of the EPSON firmware.