This is truly a great guitar. If I just had it handed to me, I'd expect at least a $430 price bracket rather than the measly $140 it costs (GS-Travel Mahogany). The sound is slightly mid-heavy, but far from as much as you'd expect in this form factor. As a whole, the sound is well rounded with deep and articulate bass as well as good timbre and resolution from the highs. The mids are not warm per se, but they're not annoyingly nasal either. So the sound punches far beyond both its price point as well as its body size.
As for ergonomics, I'm a very happy camper. The smaller body makes it MUCH easier to hold and play, and at least on the guitar I received, no filing of bands were needed. All bands were correctly seated and at the same height, and none of the bands had sharp edges anywhere. The lower string tension and string action makes it a bliss to play. It's much easier to play than my fullsize western guitar (of another brand), and it sounds almost as good.
It's been more than 2 weeks now, and I've played it every day with great joy since I got it.
If I must criticize something, it would be the gearing ratio for the tuners. I like a lower gear ratio, which means less change when I rotate the tuner. This allows for easier fine tuning - whereas a higher gear ratio makes it faster to tune, but at the same time harder to fine tune. This is of course a matter of taste, and it's a very minor thing anyway.
I will recommend this guitar for anyone really - whether you're new or experienced. Of course if your collection has guitars that cost north of $1000, this one is not likely to beat any of them in terms of sound - but it IS a great choice to bring along, as you won't be so sorry if it should get a dent.
As for supplied accessories: The gig bag is decent. Not great, but it's usable. The padding is not thick, so keep that in mind if you're throwing it around.
The strings mounted on my guitar, are the Harley Benton Phosphor Coated .12's, and they're great for this guitar. I'd expect .11's to lose a bit of body and character, but I might very well be wrong. It'll be fun to buy a bunch of strings and compare - but the argument of buying a smaller gauge for ease of play, does not apply to this guitar, as the .12's are VERY easy to play as it is. So far they're holding up just fine - and if their coating is doing its job, it should be at least 14-45 days more before I need to change them.