In general, Ovations have lower and faster actions than wood acoustics, but not in every case. But you can pretty much count on any Ovation being stiffer and higher action than let's say a Jackson or Paul Reed Smith electric guitar.
The greatest sounding acoustic I used was a terribly warped Martin D-35 with impossibly high action. The volume and tone, partially due to action being so high, was so loud and full of rich midrange it sounded like it had a mic on it. The tradeoff is that it slowed down one's ability to be fast on it.
Well, I have small, girly hands, so action is pretty important to me. It's hard enough for me to play a barre chord, without adding an additional challenge.
My current guitar is a Taylor 110 and I love it. It's a lower end Taylor, but i'm not playing as much anymore, so I don't need anything too fancy.
I have an American Ash Telecaster, but i'm not really into playing the electric too much.
I actually learned on a Marco Polo guitar. It was a child sized guitar. The strings actually left a rust/dirt-like color on my finger tips when I played, because they were so old. The action was so high, that I could stick my pinky under the strings around the 6th fret. It was pretty much impossible to really get it in tune. But damn did that guitar make me appreciate a good guitar.
Something else I wish I never bought:
A friend invited me to one of those stupid Partylite parties, so I felt obligated to buy stuff. I never light all the candles in it; it's a pain in the ass. and it doesn't even look that great. It just sits there and it's another thing I have to dust, but I've found it hard to throw it away. Maybe i'll feel better about giving it to someone.
