Daniel,
I'm not sure if I'd want to make it myself. Any good photo printer could obviously handle it, but putting the pages together, etc might be a bit of a challenge. You could probably manage a one pager with Microsoft Word or a similar product putting a photo on the page with the months below and probably do the same with a 12 pager that has one photo per month - just not sure how you would put it together to make it easily usable...
I know some of the web sites offer them - most have an image per month and some have a single image for the year - just remove each month below the image...I haven't checked, but I expect they probably offer discounts for a quantity order - if not, I'd call them and ask. Worst case they say no and you're back to where you were...Good luck! I'm thinking of doing the same with some shots of the kids for my Mom-In-Law this year and plan to use one of those sites...not sure which yet!