I would buy this guitar again (but i think its unlikely to get lost or stolen since i never let it out of my sight!), although i would probably get the (even smaller) acoustic only model. i don't think too much of the pickup and i mostly just play it acoustic anyway. its not a main instrument but it is a good instrument. i've really warmed up to this little guitar. i need never be without a guitar ever again! if you are the kind of person that would noodle and practice 24 hours a day if not for that nagging need to sleep and eat, this guitar is for you! its so light you can add it to your luggage without feeling like its too much.
Features: Made in the USA. very nice woods used in construction. only 17 frets, but enough for most practicing, warming up, jamming, etc. one acoustic pickup inside, jack at the base of the guitar. weird but wonderful shape. i definitely need a strap to play it, but mine came with one. i had problems with mine when i broke a string. the pegs holding the strings down were glued in place. i took it to the guitar shop for help and they broke the pin and had to drill it out. they fixed it for free. but i wish martin hadn't glued the pegs in in the first place.
Playability: Excellent action, i can play as i normally do. the action can be raised or lowered on this guitar, included instructions tell you how. the neck is a little on the fat side but it doesn't hinder me. i miss the extra frets a little, but its not my main guitar. the body style takes some getting used to, but with a strap its no problem. its a perfect travel axe. i bought this guitar so i would never be stranded at my parents house without an instrument. its perfect for that purpose. very durable. great included gig bag. amazingly light, it weighs only like 4 pounds!
Sound: I tried running it through my POD and haven't had much success. i play mostly classical and jazz and this guitar is fine for most styles. i really just use it as a practice guitar, i take it to lessons when i don't feel like packing up a full-sized guitar. very nice bright tone even unamplified, and much louder sounding than one would think from such a small and skinny instrument.
Durability: Not for live performance, unless your idea of live performance is sitting around with friends and jamming or singing along. i've taken this guitar from the trunk of a car in below freezing conditions and played it right after in my warm loft where it was still in tune. extremely durable, can be crammed in the overhead compartment on even a crowded flight.