Pros: Great sound, fantastic and fun to play, nice looking jazz-box.
Cons: Feedback, no pick-guard.
The action is great, and fairly low (which I like). The PM100 is probably very dependable, but I've only had it for a few months. It is fantastic to play: I love everything about the neck: smooth, 22 frets, fast. It's easier to play the higher frets on this guitar compared to a ES175 (which has 20 frets). Depending on your playing style, you may not like that fact that it has no pick-guard, no problem for me. There were absolutely no manufacturing flaws, it is a high-quality instrument. Also, the case is very nice, very high quality. The design of the volume controls are another nice feature of this guitar: very precise and reliable. The PM-100 holds tuning great (currently I am using flatwound .011 strings). Of course, it suits playing jazz, it's a jazz-box and by the way, Pat Metheny used I believe this guitar (and probably the previous PM20) after his ES175, and I read something that some people wouldn't be able to distinguish between the sound of the ES174 vs. the PM100, while I think the PM100 is more fun and easier to play. I play it through a Clarus head amplifier with a Raezor's edge speaker, thiw combination sounds great, but sometimes I have feedback problems (same with my ES165). And for practice you can play this guitar with no amplifier as well. I played ES175, ES335, Les Paul, Fender Strat, ES165, Ibanez ES175 copy, and clearly prefer this guitar over any of the ones I mentioned. The only effects I am using as of now is reverb which sounds great (LXP-1).