We are printing to Dot Matrix printers on Macs with Snow Leopard in our office, and the method used to make them work varies with the printer.
With an OKI Microline 1190 we connected it directly using a normal USB-2 cable and it works perfectly. Do not use a USB hub, or printing may be unreliable. Choose the 'Oki 24-Pin Series' printer driver in the Print & Fax » Add Printer Preference panel and it will work. [crarko adds: This driver appears to be installed by default in Snow Leopard.]
With an Epson LQ680 Pro we connectted it using a USB to IEEE 1284 parallel printer adapter and selected the printer driver 'Epson LQ680'. Again, use a direct cable connection with no hubs. [crarko adds: This driver did not appear in my Add Printer list, but an equivalent Gutenprint driver should be installed on demand when you connect the printer, according to Epson. You may need to download this Epson Printer Drivers update from Apple.]
[crarko adds: I haven't tested this one. There is also an earlier hint which talks about printing to serial and AppleTalk printers.]

