Found this information when I posted it on another forum...looks like there isn't much activity here but I thought I'd post it for others for reference...
*********
The reviews on this guitar for it's category (starter/low price) are pretty good.
If the guitar is dry it can easily be rehydrated with either damp-its or a planet waves humidifier. It's a solid spruce top acoustic. A quick way of determining if it is severely dehydrated is to run your fingers along the outer edges of the neck. If you hit frets that are sticking out from the edge then the guitar is dehydrated and needs to be rehydrated.
Believe it or not, because the FT-150 is a lower end instrument, it (for the most part) should have a greater tolerance to vast shifts in humidity level than high end instruments. That's because the back & sides of the lower end instruments are made of laminated wood with a veneer covering.
*********
~Bob