It's a great sound. I would love to learn it, but finger picking isn't my strongest point. Have you listened to Paco De Lucia? I don't know what style it is, but it's amazing. One of the legends.

http://youtube.com/results?search_query=paco+de+lucia&search=Search
Check out this old video from him too:
http://youtube.com/watch?v=b3p48EezhOU