I played one at guitar center and was somewhat encouraged so I bought one here. Amazon was great (as usual) but the guitar is a bit frustrating out of the box (consequence of purchasing on-line perhaps). I was looking for a beater that I could drag around with me and not worry about kids or drunk friends damaging my Taylor. I suppose it's pretty good for a $500-ish guitar but it does need some work. That said, it's a small body guitar, so don't expect a full body sound out of this little guy. It does project well with a pronounced midrange and is surprisingly loud for a little guitar. The tuners are very sensitive making precise tuning a bit difficult. When I get a chance, I will take it to my local shop to have it set up. It will definitely benefit from lower action and potentially a bone nut and saddle.

For now, I'm hopeful that this little guy will prove to be a faithful companion for travel and backyard sing-a-longs. It's very pretty and the fit and finish are very nice for a $500 range guitar. I'll update after it's setup and settles in a bit.

I had to adjust the neck a little bit. I enjoy playing this guitar as something different from my electrics and other acoustic. It is easy to whip out and play. It has a good voice. Been playing in DadGad tuning and in sounds good.

I am a beginner and was worried about the sound quality. I used Martin Dreadnought guitar before but, it was little too big for my hands. Yamaha parlor size is perfect for my hands and the sound quality is almost as good as the dreadnought.

I think I could've liked this a lot more if it cost less -- who wouldn't, right? -- but it has a lot more plusses than minuses to be sure. It's a great little traveler and actually ships with a quality case, and has bigger sound than any parlor-sized guitar i the price range that I've ever tried. I bought it with the intent to bring with me when giving my 11yr old niece beginner lessons on a 3/4 she received as a birthday gift and, one day, she would grow out of that one and right into this one, and I think the longevity of the product will suit that plan. I just hope the mahogany (if that's what it truly is) ages well; fretboard is a little sticky yet, too.

I have nothing but good things to say except: it's a little on the spendy side for what it is; and the flares on the headstock impede movement on the lower registers of the neck (and I can't recall this being an issue on other parlor guitars I've tried before, but it's been a while...).

Again, surprisingly big sound from such a small body, the mahogany clearly contributing to the richness, and great for packing in the car for a sit at the beach, a campfire in the woods, or as a dangling incentive for your niece to practice her cheap 3/4 so she one day takes over the nicer parlor guitar.

Bottom line:
I'm mostly satisfied; I give it a B to a B+

Yamaha makes nice things. Mine came with an excellent factory setup, and the gig bag is a real value add. The guitar looks and sounds like it could cost more. If you can't make this guitar sing, I don't think spending more money will help.