I have been playing a Taylor 815C (jumbo, florentine cutaway) for a few years and it knocks me out every time I play the thing. It was built prior to the time the Fishman was included, and I found it unmanageble with a stage mic, so after quite a bit of research, I installed a B-Band dual source (undersaddle condenser and floating internal condenser, on a small gooseneck, preamp, endpin jack with unbalanced stereo output) system. Very nice results.
Now that I have THAT one, I would next pick a mid line grand auditorium, mahogany and spruce Taylor, with the Fishman installed, for recording. The bass will be much more controllable than my jumbo and the guitars generally speak well. Dreadnaughts can be murder to record - almost as tough as my jumbo. They come through with a powerful thunk - but the sound isn't balanced when you listen to it played back.
Test the theory with a friend and run the scales on a few different kinds of test guitars. Ask your friend to listen to uniformity throughout the scale. You will likely find live and dead areas instead. The small to medium size bodies, if well built, offer the greatest chance for uniform response throughout the spectrum. So, they record well. You may also discover that the guitar you like best - the one that knocks your socks off - is NOT the one that will give you the best results when recording. What's good - personality, if you will - in a live performance becomes a mixing headache when you are not playing live.
Don't be afraid of Taylors; they have the building process down cold. They are aggressive when it comes to new designs - witness their neck / body joint that the rest of the industry is now conceding was a good move. They've experimented with sleeve and finger joints in their necks, and the results are pretty impressive.
You will not have the same guitar as a Collings or a Manzer - but you will love the guitar you have. There's also good advice in this thread about other brands - Larrivee, Gibson, Martin etc. None of these are slouches! One of the best things to happen to the music business in the last generation is the growth of small luthiers - as were Bob Taylor and Jean Larrivee before they got big - with the musician being the hands down winner. Today, it is easy to get a killer guitar! Twenty years ago, that just wasn't true.
So go forth and buy. Life ain't a rehersal and this is what makes it worth the payments!
[This message has been edited by Treeline (edited 03-10-2000).]