I love them both, play them both (in performance and at home), and don't feel a need to choose one or the other. I have to agree with some of the other folks who have posted to this thread -- they are completely different instruments, and require different technique. If you are an acoustic player, you can't just pick up an electric in passing and instantly expect to be able to make it sound good; it takes time, and practice, just like any other instrument.

As far as acoustic pickups, they've come a long way in recent years, but I've never heard one that really gives an accurate reproduction of the acoustic sound of the instrument. I don't much care for the under-saddle piezo-electric pickups (Fashman Matrix and the like), although they are the industry standard for now, and they're a whole lot better than they used to be. My current favorite is the Fishman Rare Earth magnetic soundhole pickup (double-coil) with the attached internal condenser mike and blend control (set at about 80 per cent pickup, 20 per cent mike). I run it through a Sans Amp acoustic DI, with the 1/4 inch out going to an on-stage monitor amp, and the XLR out going to the board. Putting a microphone in front of the guitar can give you a truer acoustic tone, but it is very dependent on positioning (you can't do this if you move while you play, and trying to sing, play lead, and stand completely still is more than I can comfortably handle). Besides, it really isn't an option anyway when the rest of the band is cranked.

But when we're playing rock and roll or Clapton-style blues, nothing beats my solid-body PRS through a tube combo amp. Like a said, it's a different beast, and when that's what the music calls for, that's what you need.