My dad bought this guitar, I think 4 years ago. It costs about Dhs. 500 - 600 (here in UAE) & $330 if in the USA. I know that price because my aunt owns one too, and it is EXACTLY the same. I started using this last year (May 2008), when I needed it at school ('cause our teacher was going to teach us how to play the guitar).
The guitar has alot of purposes, it can be used for entertainment, jobs, etc. I use it for my songs (because I write songs), for the school or families when they want me to sing for a program/ activity, and also use it FOR MYSELF whenever I'm bored. It is an Electric-Acoustic Guitar, that's why my dad chose it. You can connect it to an amplifier (or speaker) to let people hear it well. It has an Equalizer where you can adjust the "Bass", "Treble", and "Gain", and in order to make the guitar work when connecting it to an amplifier, you need to insert a rectangular type of battery in a small container, which is located right beside the heel of the guitar. If you want to learn how to play a guitar, I recommend you buy this kind of guitar or any yamaha guitar for it has a great Sound Quality, and you might want to start early, to make your hands get used to it.