I have one of these without the pickup. Was honestly wanting a 000-18 but couldn't swing it. This is now a guitar for life for me. They are truly incredible instruments.
I own the FSX5 and just love playing it. I also own an LL16 which is much "prettier" (and a bit louder), but the quality of the build and the tone of the FSX5 is just amazing for the money spent. I did have a set-up done on it, which lowered the action, and I couldn't be happier.
Yamaha recently (within the last couple months) changed the specs to have a gloss finish, the new model is FSX5GL, we do have one left of the FSX5 with the original, semi-gloss finish! You can find it here musicvillageusa.com/collections/yamaha-acoustic-guitars/products/yamaha-fsx5-red-label-all-solid-acoustic-electric-guitar-w-hardshell-case