Jeff, I know exactly how you feel, because I've been there, tried that. But, for me, it didn't work out so good. I decided I would have to play both the classical guitar and the steel-string guitar...for variety and the diversity of my musical interests, using just one style guitar just wouldn't do justice to the music.
I love the warm and mellow sound of the classical style guitar, playing classical arrangements, as well as other genres, but I have to admit, I also still enjoy playing and singing songs, accompanied with a steel-string guitar. Some music just sounds off, if it's played with the wrong guitar.
I just have no choice...gotta have both, plus a few electrics to kick it up a notch from time to time, right?
Glen