This was my first guitar, I bought it brand new for $90, which is a great price for this guitar.
The guitar is a laminate body, not a real wood one, which gives it a harsher tone than higher end acoustics, that having been said though, it is far from a bad sounding guitar. As for how it feels, the neck is relatively thin, which is great for someone starting out who haven't become acclimated to chords, especially barre chords, the tuning pegs are a bit stiff, but that's not a huge problem, The dreadnought body is standard issue, not my favorite shape, but that's incredibly subjective.
From the factory it had a high action, but that's nothing that can't be solved with a set up from a local store, or hell, even yourself if you feel adventurous.
All in all it's not a bad guitar, especially considering the price, if you can find one used that's all the better. But I would recommend shopping around for a used, real wood guitar for the ~$100 you could get this guitar for.