You might check with your local office supply store about renting one for a day if you will only be using it once or twice. If you will be using it often, then buying would be your best bet.
I've not seen the one from Michael's but that is definitely a much lower price than the Apollo brand ones I'm familiar with...of course those I've dealt with have been for the schools, so they get rather frequent heavy duty useage and are over $300.00.