3D printers are already being used in modeling.
Folks are drawing the part in CAD 3D, then printing the part out, giving the part a clean up, then pulling a mold from that master and selling the parts.
The new McDonnell wing tanks for 1/48 Phantoms was done that way just a few weeks ago,,,,,,and I believe the Battleship Roma was done that way, back before the VA Beach Nats in 2008,,,,masters of some parts were on display there near the amber V-8 engine block.
even 3D printers won't get you away from sprues or casting blocks though, the part still comes out attached to a block, and if you use the part for a master, you end up with a possible seam and a definite mold block to remove and sand.
The guy asking about taking an existing model or figure and "printing one out" doesn't get that you don't just scan in the part and push "gimmee" and get a copy of your thing back out in the same or a different size. "All" you would need to do that would be a box that you set the figure in, and when you hit "gimmee", it would scan all the 3D data in, send it to your processor, and then send that data into your 3D printer.
In the meantime, there has always been a way for people that want 1/48 or 1/72 scale models to get one without putting it together. As of today, there are 3 methods that I know of.