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@bq
The sound is great. As a recording device it is perfect. I've had the 500 for years, and love using it. I have never liked Fenders to play, so it's great to have a guitar which sounds exactly like a strat or a tele, but feels like a Les Paul to play. I do mean exactly, too. I cannot tell them apart. Also of note are the acoustics, which sound like miked up ones rather than piezo pickups, and the Rickenbacker 12 string model, which is just magic. The Les Paul models sound just right, but although they are louder than the Fenders they are nothing like as loud as my LP BFG.
The 700 sounds identical, but is a better guitar. Have been enjoying my first ever tremolo (in 24 years of playing)