With Epson, you are always possibly buying a print head replacement problem, brand new, 1 year old, just runs with the brand.
As for your 7880, I believe the printer count is for total length of paper that has been run through it. You would have to convert cm to inches.
The 7880/7800 family to me are much easier to maintain if you do develop a clog. The head design is much less troublesome. The wiper is easy to clean and it takes just a sec to move the head out of the way. Prints will look darn close to the 7900/9900. I still use a 6.5 year old 7800 for matte printing and it's still working fine.
One thing to look for, is move the head out of the way, look at the capping station, look for a lot of extra ink on the metal surfaces and very heavily soaked felt pad. If you find this, then yes this printer has has some use, possibly heavy. Also look at the felt pads on the platen, see how much ink is on them. This will also tell you if the printer was used for small prints or mainly larger prints. The pads are to catch extra ink as the head reaches the end of the short prints, i.e A3, super A3. If the pads for the first 16 inches are clean, then the printer was mainly used for 24" wide paper.
There is one catch that comes up eventually with all Epson's at least the older 78xx family, the belt will come up with an error stating it needs replacement. As I recall this will stop the print until that error is cleared. However odds are the belt is fine and this error can be reset. Epson used to pass this info on via the "tech support" however not sure any more.
Only other possible problem, and this is the one I would worry about, are the dampers. If the printer has not been used in a while, these can dry out and totally clog. The damper is where the ink flows first from the cart before going to the head. The dampers on this printer can be problematic if the printer has been no in use for about 6 months. A clogged damper is not an easy fix and pretty much requires a service call.
Paul Caldwell