I'm a total noob when it comes to acoustic (-electric) guitars, but my school finally started up its guitar program, so I need a decent acoustic-electric, and I'm on a slight budget of $300-400. I talked to a few people, and most recommended me more expensive instruments. Since I have guitar center gift cards, I most likely will be purchasing it from there.

Right now i'm almost sold on the Ibanez EW30ASE http://www.guitarcenter.com/Ibanez-EWC30ASERLG-EXOTIC-WOOD-SERIES-Acoustic-Electric-Guitar-512324-i1172548.gc

I have two questions.
1. Does anybody have any experience with this guitar, and can tell me about its tone, playabillity, etc... I have tried it out but being new to acoustics means i don't really know what to look for.

2. Are there better acoustic-electrics in the $300-400 price range that you can recommend me?

Thanks a lot
1. Why does it need to be acoustic electric?
2. Check best guitars for <$300 thread.

Partscaster/Tele into a bunch of pedals, a Maz 18 head, and a Z Best cab.
Alvarez RD8C is a good choice as well.

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if you buy electric acoustic, go for the full $400. I have an Art & Lutherie Cedar CW with Q1 Godin electronics. It works very well plugged in and unplugged. sounds like a beauty. you should check it out.