Dangerous question alert!!
I dare say, in a blindfold test one would be hard pressed, VERY hard pressed to tell a $400 Blueridge from a $1400 Martin. I'm talking about the lowest model line of Blueridge. This has been a major discovery for me; the entry level model of a higher-end guitar company is ALWAYS better than the primo model of a lower-end guitar company. Quality doesn't trickle up.