No on the versa works.
Other than using Flexi or Rolands Color Choice I am not sure if any others will run the CJ 500.
I do know if you have Color Choice installed you can print and cut direct from Illustrator but it uses Color Choice settings to do so.
I am also using a USB to serial cable to run the CJ.
As far as I know you can't run these printers like a desk top from MS office and such.
Color Choice should have been a free Rip program included with these old printers. Not sure if you can down load as that link has been removed but a person could send a disk with the program in the mail.
Also I do know that Color choice, when installing causes issues with AVG so you need to uninstall AVG before installing Color Choice. Can't just close AVG down, you must uninstall unless AVG has done an update to correct this issue.