For Your Consideration:
Player A buys a/any brand new guitar for $200. It's an inferior product, not built for a "long haul". In 12 mos he has out-grown the inferior product and sells it on the local market for $50-$75 (inferior off-brand) so he can upgrade. He has now spent (about) $140 to USE this guitar for a year. $140 = $12/month (+/-).
Player B spends $500 on a nationally recognized brand. Because it's a better guitar he is happy with it for two years before the itch to upgrade overwhelms him. Because it's a better quality guitar with a recognized label he's able to get (at least) $250 for it. He has now spent $250 to USE this guitar for two years. $250=$10.50/month (+/-).
Player C splurges on a $1000 guitar. Premium brand, desirable model, in demand. Because it is a truly great playing/sounding instrument, ( and it satiates the ego in ownership factor ), it's a solid 3 years+ before player C decides to move on. Quality/demand being directly commensurate with depreciation, his nice guitar is still worth $600 on the used market. Player C USED his guitar for $400/3 years. $400=$11/month (+/-).
If you stuck with me this far the point I am trying to illustrate is that it actually doesn't cost any more to own a great guitar as opposed to a "cheap" guitar. If you factor in the extra satisfaction/results you get from a premium instrument while you own it - it only makes sense, when buying a guitar, to spend as much as you can possibly muster together! If that happens to be just $200, well, so be it - that is Player A. Not a death sentence.
Is the GFS $200 guitar the best $200 guitar? I don't know, maybe it is? If you get one why don't you do a review here, that would be interesting.