Redundant Print Servers

I'd like to setup the same printer(s) and share it on two different Windows
2003 Standard servers in case one server goes down. My original idea was to
create a CNAME DNS record, call it PrintServer and point it to the main
printer server. If that one goes down all I have to do is change the CNAME
record. Tha doesn't seem to work at all. When I try to access PrintServer
by typing \\PrintServer I get a duplicate computer name error. I don't have
Enterprise Edition of Server 2003 so I don't think I can cluster the servers
or can I? Is DNS they way to do this or is there another way I should
proceed?

Thanks,
Aaron