However, if you attempt the same step in W2K8, you will realize a missing "Deployed Printer Node" in the GPO editor. To get it back, add the "RSAT - Print & Document Services Tool" using "Add Features" in the Server Manager as below:

Go back to GPO editor, expand "Computer or User Configuration" (depending whether per-computer or per-user deployment basis), Policies, and Windows Settings as below: