I am TRULY stunned at how well the Cordoba C10 (spruce top) plays and sounds. In all candor, I have owned 3 Ramirez's, an Otto Vowhinkle, 2 Pavans and even an Ovation classical guitar: all of them made in Europe or the U.S. Every one of them had a glitch, something I did not like tonally or mechanically (buzzes, intonation problems, problems staying in tune), and I kid you not, this Cordoba C10 is the better than all of them for tone, playability, intonation, and remaining in tune while playing. Really, the intonation is impressive ... it sounds perfect up and down the fretboard.
I made one adjustment, and that's about 30 seconds of sanding the bottom of the saddle (probably less than 1mm sanded off with 400 grit fine sandpaper) to make the action slightly lower. The highs are clear (not plasticy), the mids are just fine and the lows are clear, loud and as bold as you wish to hit them. The finish is flawless and wood grains are nice too.
If you want to buy a guitar to keep and are not worried about any stigma of manufacturing location, this is the guitar to purchase. I'd say this guitar really shakes off any such stigma for me. Save yourself a lot of money, get a very top-notch instrument at a super reasonable price and then use the money you did not spend to go to Spain! With Sweetwater's service and return policy, you really can't go wrong. This guitar is a true keeper.