Hey, I've been playing a Jasmine s-34C and enjoying it plenty, the sound is alittle bright, but it's got a nice natural finish and a pretty comfortable feel. I still have the stock strings on, I bet with some nicer strings it'll really open up. I kind of wish it had a pickup, but it was only 80 bucks, it's an amazing guitar for the price.
The guitar sounds nice capo'd. I'd suggest getting a G7th capo, because they're awesome, and you'll find you can have fun with just knowing about 30 songs if you can just move them around key-wise. =P
Aria, Washburn, Seagull, etc. are pretty nice in this price range, but go with what suits you.