I have seen and heard the newer style Ovations and to my surprize sound like a million bucks. The best surprize is they cost a whopping $1200 when they first hit the market but are are now bargained out for much less, like $500 to $600 new. I can't begin to tell you why.
My mandolin is a an old glued back together Gibson A1 and sounds great but had to lighten my bankroll an additional $200 to have the neck and action done. The best thing I ever did to have a pleasing pickin' machine.
Mudjack