Something tells me it is. I played a couple at the local GC and one sounded much better than the rest, but knowing steel string guitars, $100 doesn't buy much and I don't see why classicals would be any different in that respect. However, one thing I did notice is that the classical prices range from $99 to $1,000 and steel string guitars range from $100 to $4,000 and up.
I was/am tempted to get the classical I played that sounded good for the $100, but for $10 I can put nylons on my Seagull.
Somebody talk me out of it!