Recording acoustic guitar is a mystical event! There's an awful lot of hooplah around how to record an acoustic guitar. It's mostly hooplah and marketing for recording studios... and something for tweak heads to talk about. Truth is, a great sounding guitar with good mics usually sounds great.

The basic setup (mics about a foot away unless noted). Nothing special here:

Sennheiser MKH 40 near lower bout, sometimes pointing at soundhole.
Neumann KM184 near sound hole, a few feet away - this one is optional
Neumann TLM 103 near the 12th fret, angled towards the soundhole and 12th fret

All mic's in this setup go into a Daking 4 channel mic pre. No eq recorded
DI from the guitar into a Chameleon mic pre with EQ. No eq recorded

Electric Guitar
Sennheiser 421 (old black one) on rear of Magnatone cabinet.
Neumann TLM 103 on front, close to speaker cloth, edge of speaker
Use front and back for coloring as needed. Back dark, front bright.

Into the Daking pre amp.

Strive (where possible) to NOT use EQ. Use the different positions of mic to do your EQ for you. Lower bout = dark, 12th fret = bright etc.

email richard at glasswing dot calm phone usa800.545.6846/CA250.752.4816