I would rate it as four and half stars - if you do not mind a bit chunkier neck, than this 12stringer will do the trick at all fronts. The visual appearance is next to perfect, I like the sound of all three pickup positions, actually find it hard to decide which I like best (-: Fret edges could have been smoothed a tad better, but the action was fine right out of the box. The only caveat concerns tuning stability (obviously, it is a 12 string so you have to pluck and finger with more care). I got around it to a degree by replacing the thinner G string (which happened to be the thinnest strings of all the ones used) by a regular G, so the Gs are actually doubled now and the tuning feels more solid. Another small problem is that you cannot fine tune octaves per each string separately, as mentioned by other reviewers, but the sound of a 12 string is not all about perfect intonation, it is the magic chime that comes first... What an inspirational music instrument this guitar is!