I've got a Taylor 714CE...yes it has a cutaway. You can get any series in any configuration, they make them but whether it's available at your dealer is another question so you might have to special order it. You can also get a wider neck if you're a fingerstyle player, it's got a width of 1 and 7/8". A classical is typically 2" just to give you an idea...it is pretty darn wide. They probably don't offer many choices in the 1XX and 2XX series though.
The line up of taylor typically differs in wood choices, so the 3XX, 4xx, 5xx and so on indicate the woods available. Higher numbers, more desirable woods. With that you get extra appointments as well. Inlays, binding, better tuners, you get the idea. Within each series the second two numbers indicate the body style. X14 is Grand Auditorium, X10 is dreadnaught, X55 is jumbo twelve string. Then they use letters to determine cutaway and electonics, so if it's got a cutaway with electronics it is suffixed XXX CE, so my 714CE is a 7 series (Western red cedar and East Indian Rosewood) 14 (Grand Auditorium) Cutaway with electronics. The neck has rosewood binding all around, and the sound hole is inlayed with Koa. The bridge pins have an abolone inlay as well, and the whole guitar is gloss finished and the hardware is gold plated. The lesser series are matte on the backs and sides. They also will vary the wood choices within a series based on the body of the guitar. A 712 is a grand concert which is smaller and the top on that is spruce, not cedar. It's sort of confusing, I know.
Before buying this particular one, I played damn near every guitar in town. I was looking for something that was equally adept at fingerpicking and flatpicking/strumming with a very balanced, rich and even tone across the entire frequency range. For me, this 714 was it. The only thing that was its equal was a Breedlove that was made from the same woods, western red cedar top with indian rosewood back and sides. They sounded almost identically brilliant, they felt nearly identical, had the same electronics, and the Taylor was about $1000 less so it was a no brainer from that point. I got this prior to the expression system being offered on this model, but I get the option to upgrade and that is supposedly a vast improvement over the fishman prefix blender system.
Another consideration was the Taylor neck system they have, it is true genius and it is infinitely adjustable just like a true bolt on electric neck. The purests will argue that it kills sustain and tone, blah blah blah. I played $6000 guitars that didn't have the goods on this particular Taylor, dovetail joints or not.
Tonewoods became the defining selection criteria regarding tone. I played sitka spruce, adirondak, englemann, western red cedar, mahogany, graphite, plywood...everything under the sun on backs and sides of ovankol, maple, brazilian rosewood, indian rosewood, mahogany, sycamore, striped ebony...the list goes on. Nothing matched the combination of red cedar on rosewood for me. Big huge sound, but very even, deep clear bass, round open highs. This thing just sings, it is truly a glorious instrument. My buddy has a 314 which is spruce on african mahogany and it sounds flat and dead compared to mine. The tones just jump off this guitar. My cousin has a 914 with tons of MOP and abalone inlay, the whole body is bound in abolone and the neck has some special treatment as well. It's a great guitar no doubt, but the woods on it made it a little too bright for my tastes. And I'm not a fan of all that flashy binding and what not on an acoustic.
In the grand scheme of acoustics, close to $3000 for this guitar isn't something I do every week, but it sounds better than anything I played at any price...so in that regard, it's a bargain, and I only need one...but I'd sure like a 12 string
Best 12 on the planet, in my opinion, is the Breedlove Classic XII, simply stunning. Granted, I'm sure James Olson could make me one, but I don't have $20,000 laying around either.
I think with high end acoustics, you get what you pay for, within reason. The 100 series you found has laminate backs and sides and the top won't be anything even close to a master grade top. It sort of comes down to bang for the buck according to what budget you're on. If you're comparing against other like priced instruments due to budget constraints, it narrows your selection criteria and you can make a good choice based on tone and feel. Bigger budget opens the field so it pays to be picky and play a lot of instruments.