Concerning the Printer and the Printers collection

I am going to use the following bit of code to set the default printer for my app.

VB Code:

Dim X as Printer
 
For Each X In Printers
    If X.DeviceName = "MyPrinter" Then
        Set Printer = X
        Exit For
    End If
Next X
 
If X.DeviceName <> "MyPrinter" Then
     MsgBox "MyPrinter is not installed!"
     Exit Sub
End If

Before I do though, does anyone know if there is any possibility for this to fail (excluding of course, the absence of MyPrinter on the system). In other words, does anyone believe that this is not a fool-proof way of setting the default printer for an app?

If you know of any issues, please let me know.