#2
i think there pretty good guitars
you can get a nice sound from them :]
#3
I'm not too sure what the quality electronics would be like in a low end electro-acoustic, but I've recently picked up a Tanglewood TW15-ASM acoustic and it's a very nice piece of kit...

Their mid range guitars are excellent value for money - all solid wood, bone nut and Grover tuners etc...
#4
try to look for a B stock Masterbilt, there some of the best acoustic guitars you can get for cheap.