I just got the Lyric mic system and installed it on my Martin 017 and Im impressed. The sound
is very true to the acoustic sound and through a good sound system it's really nice. Installation
was very easy if you already have a hole for the female 1/4 jack where the strap hooks on. It
sounds like your using a good mic on the outside when it's actually on the inside stuck to the underside of
the bridge. There's also a volume and presence control to fine tune the sound. I met Baggs twenty or so years ago
when I was searching for a way to amplify my Guild 12 string acoustic. Back then there was nothing like this and
LR Baggs has constantly perfected his systems. Now, finally I can say he's figured it out. Thanks!

The L.R. Baggs Lyric system mounts to the underside of the bridge plate with simple peel-&-stick adhesive to preserve the integrity of your instrument. The mic leverages the "pressure-zone" principle by positioning the capsule just 3mm from the surface of the top to hear the entire soundboard.
Lyric employs the Tru-Mic noise canceling technology that rejects "boxy" reflections inside of the acoustic chamber.
Main features: TRU•MIC noise canceling technology, No pickup Analog signal conditioning, All discrete mic preamplifier, Soundhole volume control, Mic presence control
This looks like a nice acoustic guitar set-up worth checking out. I was thinking about the LR Baggs M-80 pick-up but
concerned about the pick-up in the sound hole blocking some of the guitars natural sound. I had that problem when I had the Sunrise pick-up in my acoustic. I was hoping Baggs might have something new, especially since the Namm show was coming and I was right. Im glad I waited and this might be the one.