On the one hand, Yamaha make good, solid, value-for-money guitars which produce a good sound and, on the other, their "hand-made" range is very good, if sometimes a little inconsistent in quality.My first "good" guitar was an FG412S, and I've still got my 22 year-old SJ400S. Bert Jansch has played Yamahas since the mid-seventies, starting with and L25A (if I remember rightly).
Pete