Honduran mahogany was used by Gibson originally as a cheap substitute for rosewood, not because it exhibited holy grail tone qualities.
Most mahogany used to build electric guitars is the african variety due to the high cost of honduran, that includes standard Gibson models, Warmoth, Epiphone Elitists and other quality lines.
How do you know Prestige Ibanez models are made of honduran and not african mahogany?
The funny thing about the weight issue, is that most experienced players with access to vintage guitars made of old growth honduran mahogany claim the lightest guitars sound the best. My Epiphone Elitist has a solid african
mahogany body with no weight relief holes and it weighs 8.75 lbs--pretty light for a
Les Paul. It really all depends on the characteristics of the individual piece, not the source of the wood.
The guitar with the fattest tone in my possession is an Ibanez SZ720 that I paid $600 for. Ibanez says the body is mahogany, others say its nato, some form of cheap asian mahogany, but all I know is it sounds large.