Arts & Luthiery has a guitar called the Ami that's a parlor sized guitar with no pick guard (so it could be switched to lefty with less bother) and is under $200. Dan Walsh, who used to play in Fred Eaglesmith's band now uses this as his primary guitar. He has sold his Guild. The Fishman pick-up he put in the A&L guitar cost about &50 more than the guitar. I've heard him play it and it doesn't sound like a student guitar.