way back when i was a teenage proto punk
i started out with a cheap italian acoustic from my mums xmas mail order catalogue
and fitted it with a schaller soundhole magnetic pickup
that did ok through a 120 watt amp
until i got my first proper solid body electric back in '76.

Now I've sort of gone full circle and fitted a budget Art of Lutherie
Solid Cedar top with one of these good enough quality low cost
acoustic guitar single coil pickups

Artec MSP-50

http://www.artecsound.com/acou/soundhole.htm


no fuss or complicted setup, works straight out the box
and sounds really good through a vox valvtronix amp..
evenlty balanced warm and 'natural' bluesy jazzy tone..
and even grits up really nicely with a little overdrive..
and as a bonus, virtually no discernable over-intrusive single coil hum