In search of alternative fax solutions

Back in the day, it was easy to fake a fax machine with little more than a modem, a printer, and a scanner. But modems are relatively rare these days, as are the phone lines on which they rely. This leads me to a problem: how does one simulate a fax machine without a phone line?

I'm looking for a cheap solution for a home-based office, so hardcore internet fax machines costing thousands of dollars are a little overboard. Based on the poking around I've done so far, it looks like Internet-based services like eFax are the way to go. However, there doesn't seem to be much online in the way of meaningful comparisons of the various solutions available. Do any of you have recommendations for online fax services, or perhaps other alternatives that allow for both sending and receiving faxes without a phone line?

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