Watcher:
xl97: Very nice !However you also need to make the stencil, which the last I checked, is quite expensive to order for every PCB design.
Unless you can get a sort of generic stencil for each part...
no.. I dont use generic stencils.. nor do I pay for them anymore.
I own a laser cutter (but I dont use that either as I find the 'melted' edges grab solder and make the squugee'ing of the paste not as smooth as it could be... but dont get me wrong.. they are quite acceptable to use)
I also own a Cameo Silhouette vinyl cutter.. in which I use to make my stencils out of overhead transparencies.
(plus I get to make stickers and stencils.. and other stuff with it as an added bonus)
you can install some additional software.. and basically use the gerber files to cut out the stencil for you using your/a vinyl plotter. I found and also posted a lot on this on the Dangerous Prototypes forums)
so roughly $150 investment.. I have unlimited solder stencils. 
(plus whatever else I want to use it for)
I do 0603 parts all day with it.. (havent tried anything smaller)