#1
Which of these two guitars is a better value?

I really like the aesthetics of the Yamaha APX900:
http://guitars.musiciansfriend.com/product/Yamaha-APX900-Acoustic-Electric-Cutaway-Guitar-with-New-Pickup-System-3Way?sku=512944


But I really like the craftsmenship of the Yamaha LL6:

http://guitars.musiciansfriend.com/product/Yamaha-L-Series-LL6-Dreadnought-Acoustic-Guitar-with-Case?sku=518511

Yes, I am aware of the differences, thin-body vs full-body, plus I know "try before you buy".

This is just in terms of what is a better quality guitar.
#2
the LL6 is better quality imo. btw, i'm personally a huge fan of englemann spruce - sounds great!
#4
You need to give them both a play and see what you think. I did this at the weekend and bought a slightly cheaper guitar just because it felt and sounded really good to me. The more expensive guitar was well made but as soon as I started to play it I realised it was not the one for me.