Review:
I own several of these "Yammie lammies" (laminated-top Yamaha's, it most often specifically refers to the run of cream-label Yamaha spruce-lam acoustics made in Taiwan). To a lesser extent, the later Korean and Indonesian-made Yamaha's represent similar value, from what I've seen.
At the time this was made, I believe it was the bottom-of-the-line Yamaha 12-string.