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It was worth buying this instrument. It is one of the best guitars I've played. Yamaha really has a very good performance in its instruments. I have tried their keyboards and are very good like their guitars.
I'm broke, so I can't really get the super-expensive stuff that everyone else tends to get. That's why I love this guitar so much, it has a beautiful sound, and cost less than $300. I definitely recommend it for beginners, or people that can't afford anything more expensive, like me haha. You know what? I've changed my mind. I recommend this to anyone that wants a nice guitar without having to sell their organs on the black market for money, intermediate and advanced players included.
This guitar has amazing stuff going on, I just changed the strings, hooked up some effect pedals and got going! I played my first gigs with this one when I was younger. I now own two of them, I lend them to my guitar students when I teach them some electric guitar lessons, just so they can feel as great as I did when I first learned to play.
Bought this for around 270 (new) less than a year ago, and I am extremely happy with the tone and quality. I would, of course, get the strings you are accustomed to, and mess around with the intonation and action a bit, and then you'll be good to go.