Hmm, sorry I just found the one I was thinking of and while it's perfectly playable, I noticed the bridge was lifting off the body a little bit so I'm not sure you would want it.
But in regard to what everybody is saying, a $160 guitar is not a bad idea but there are $80 guitars that are decent out there these days (and not Esteban crap). Most of the tone is in the player, not the instrument. Good guitarists can make crap sound amazing.
I have guitars from $50 - $1600 value. I can't honestly say I can make them sound their worth aside from the cheaper ones