Alright for a beginner, I guess.

By the way, when I read the thread title, I thought of some kid buying his first pack of condoms.
I actually own an RA100 dreadnought, it's made of spruce (not dogshat), holds it's tune quite well, sounds good, plays good, looks good, and is a great value. I also own a Guild F50R, as well as several other guitars, so it's not like it's my only rig. But it is the one I play most of the time, it sits in a stand in my family room, anxiously wating for me to come home, pick it up and play it, and it's always in tune (well, as much as any instrument you play often). If you're on a budget, get one, I doubt you'll be disappointed.