I have an Artist Award, Benedetto Artist Award, Benedetto Johnny Smith, X500 and two Benedetto Stuarts (the Benny X700). I don't have the pre-Benedetto X700 but I've played a friend's extensively. I want to get one.
Anyone who thinks the X500 is a better sounding guitar than the X700 has suspect judgment in audio matters, but I completely understand a guitar player regarding the X500 as the more practical electric archtop. The X700 had the laminated archback of the X500, but the carved solid spruce top of the Artist Award, just with the mass of two humbuckers bolted into it. As with the difference between a Gibson L4CES (solid top) and an ES175 (laminated top), the solid top X700 is more prone to feedback at lower-than-performance volumes than the X500, and it has a somewhat more rounded, woodier vintage jazz tonal profile than the stiffer-top X500 that needs more picking energy to push out the same acoustic volume, but has more acoustic snap. The solid top X700 is dynamically more lively. Feedback control is the primary sensitivity some guitarists don't want to, or can't, put up with. The neck on the X700 I've played is beefier than my X500's neck, which suits me fine. The stiffer laminated archback on the X700 on the other hand gives the X700 sharper transient projection than my warmer Benedetto Stuart, which has both carved spruce top and a carved 2-piece solid maple bac
They're all great, undervalued guitars. If you want a set-in humbuckers guitar closest to your Johnny Smith, then a Benedetto Stuart is the X700 answer. If you want a mix of classic Guild craft and production traits (carved top with laminated archback) then the low volume X700 is a jewel.
Phil