Bill,
Some sound hole pickups sound a lot better than under saddle pickups. The latter usually sound clacky, especially when flatpicked.
The K&K Pure mini (formerly pure western mini) sounds a lot nicer, but it doesn't sound as nice as a really good mic in a nice room.
http://www.kksound.com/puremini.html
If you're playing fingerstyle, though, everything should sound better.
Regards,
Ty Ford