M-G, I basically agree with you- the twelve has limited applications, but there are good examples of what can be done with a 12-string in Bluegrass. Dan Crary currently does a few good things, although he is a little too "flashy" for my tastes. If you want to hear the best, find an old album by Tut Taylor- I think it's called "12-String Dobro" or similar- with the unmatched Clarence White flatpicking a 12-string. That'll pique your interest.