Ordered this guitar (Alvarez Masterworks Parlor MPA66ESHB) from Sweetwater, and got it a couple weeks ago. I found the action too high for my liking so I had it adjusted (needed both nut and saddle lowered to get where I wanted it). I picked up the guitar (after adjustment) today, and it plays like a dream with 12th fret action of 0.080" for the low E and 0.068 for the high E.
Very happy with the guitar after getting it set up to my liking. Parlor size, slotted headstock, and 12th fret at the body joint. All solid wood (mahogany top, back, sides), rosewood fingerboard, bone nut and saddle, cool bridge design that gives a nice down angle on the strings, eye-catching finish, and satin finish on the neck (which has a cool soft V carve near the headstock tapering to a C towards the body). The L.R. Baggs electronics are okay. About average, in my opinion. I’d rather mic it up.
The guitar is quieter than a dreadnought, which isn’t a surprise since it’s smaller and has has less airspace in the body. It also has less bass: more of a mid-focused punch. I’m not sure I’d describe it as less resonant, though. It has less volume and a different tonal balance than a dreadnought, but it’s got a lot of resonance. You’ve got that smaller body, but that also means a smaller, lighter top that is easier to move, and the shorter scale also means less tension. Because of those factors, I think a luthier can get away with less rigid bracing. (Similar to how nylon string guitars can have such a light, resonant construction – although obviously a steel-string parlor needs heavier construction than a classical guitar.) So while it will never be as loud as a dread, it projects surprisingly well.
I’ll try to make some time to record something with it so you can hear it.