I just copied the .gz (don't extract the ppd) file to /usr/share/foomatic/db/source/PPD/Epson/ (not sure where else I can put it).
Goto System->Administration->Printing and add a new printer. I have connected the printer with one of those cheap USB to Parallel cables. The printer is detected as EPSON LQ-300+
Select driver under Epson and you should see it listed as LQ-300+ 24 pin.
CAUTION!: The max resolution you can use under "Printer Options" is 360x180dpi. DO NOT select the highest 360dpi setting - your printer will go crazy and eat-up all your paper.
It works for me. I hope it works for you too.
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