Yes and no.. Def design improvements over time, but I think the need to source more sustainable wood has driven quality down in the affordable price ranges. I have a 1965 Gibson LG-0 acoustic which was an entry level model at the time… it’s all mahogany, neck, sides, top.

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Now they did go cheap on the lg-0 bridge with a plastic one, so I had to do some work to bring it back to life 😄 but well worth it