Excellent in my opinion.
I have played most other guitars during my search for a good accoustic to buy, an the Takamine that I tried to me are a little overated. They seemed to be lacking in sound, both in loudness and in warmth and tone. If I had had the money at the time I would would have bought a Taylor or a Martin.
While I'm sat here, Playin', I'm tryin' to free my mind!