For a Laminate guitar with a solid top, they are over priced! That's my opinion when I look at the Market and the current price of Guitars and their construction, they are over priced. I would never recommend one to someone looking for a guitar in that price range.
please see rule #1 & 2
Whether the entry level Taylor guitars are overpriced or not is a matter of opinion. When I am asked to recommend guitars in the $500 to $800 price range, I unhesitatingly suggest the Taylors you consider overpriced.
I owned a Taylor 110 it was a very nice sounding guitar. I tried many other guitars in the same price range. I choose the Taylor and it was my first Taylor, I had no preference at the time, I just liked it better.