A favorite guitar is a personal thing. The trick is, find a guitar that fits your playing style, one that you are comfortable with. Don't let $$ be the dominant factor in your choice of guitars.
And I agree with Derek. His Taylor 855 is the nicest 12 string I've played.
Char, as far as your guitar goes, I have to admit. When I tried it in Toronto last year, it sounded a little flat... Oh wait! Geez! I think I forgot to blow it up first!
Cathy