Martin has the LX1 which is one of their mini-Martins and it sells for right around $300.00. It has a solid spruce top with laminated back and sides. A friend of mine has one and it sounds fantastic, much better than any of the $500.00 Fenders, Washburns, Yamahas etc. that I've heard.

I just bought a Fender GC-23S Grand Concert model off eBay for $150.00. It isn't here yet, but I sure hope it sounds and plays decently.