Sound is really good for the price! Not as loud as a 4/4 - but still beautiful. Comfort, setup, intonation, general quality are great out of the box. Its a great guitar for younger kids (8 year old played it easily), but I mostly use it as a casual sofa/beach/travel guitar.
Friends are amazed at the sound quality and beauty of this instrument, and I bought a couple of more of these for friends and students. In summary - its a no brainer!