The main advantage is price. Also keep in mind that while the body and top might be HPL and therefore pretty impervious to humidity changes, the braces are still wood, and the neck is usually very stable (and heavy) Stratabond laminate. I have played a number of 000 and D sized Martin HPL guitars (my wife owns a LM in pink) and they aren't bad - probably better than most all-laminate imports. But they are not that impressive either, except when considering the price versus CF.....
Out of hundreds, I have only ever played one or two carbon fiber guitars that were outright bad. These were two early thin-bodied Rainsong's that were heavily gooped up with thick metal flake paint (silver and candy apple red). They may have been fine plugged in, but acoustically they were complete duds. They sat in that store for several years.
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