I too have a Lag "Summer" bought about six years ago.
I was looking at guitars under £500 and for just under the £300 paid the quality of the sound , both plugged and unplugged, was very good value.
I liked the look of the guitar although rarely venture above the 12th fret so the cut away was not essential.
A full time professional told me that the quality of the pick up was exceptional for a guitar in this price range.
Good luck - buy and enjoy