Here is my ordeal:
I installed CUPS 1.1.9 from source and then espgs7.05.6 from source (for HP driver support). Cups intialized, as well as Ghostscript. My printer was recognized by CUPS but no output was produced on test pages or by lpr commands.
I initialized debugging in the cupsd.conf file and viewed my /var/log/cups/error_log to find that it couldn't render because the gs_init.ps was not found.
To solve this if you find it in your var log. find your gs_init.ps file.
and then following the configure instructions:
the fontpaths for my particular application were: usr/share/ghostscript/7.05/lib/ and /usr/share/ghostscript/fonts
check the install file if you are unclear on the syntax.
thus ending my printing hatred of Slackware!!
- not bad for only a few days with the distro!