In this video, I review the ultra cheap Chinese acoustic guitar... the Glarry GT304. I conclude that this guitar is good for two people. First, someone wanting to learn how to work on guitars. For less than $50, this guitar is a great guitar to practice on. Cut a nut, sand a saddle, adjust a truss rod, file the frets... that kind of thing.
Second, a very beginner guitar student. For about the price of a lesson or two, you can own this guitar. Not every beginner, but those that for sure do not want to risk spending a lot of money on a guitar that may go unplayed.
In this video, I go through all of the parts of the guitar and give an honest review and some sound samples.