[QUOTE=Huffheinz]...At the end of the day, I prefer using a strap. It allows me to hold my guitar in a semi-classical position with the guitar body centered on my torso. The only difference is that I don't rest the guitar on my leg at all, it is suspended by the strap...QUOTE]

Sounds like exactly what I'm doing. I started 'cause my acoustic seemed to be big for me. I found the positioning also helped with my reach just as one of the internet articles I read said it would.

Last night I ran an old VHS tape of SRV playing with Al King. King held the guitar as described above so we're in pretty good company. (but then, it was a flying wedge guitar ;) ) I also played a DVD of the 1964 TAMI show... I've never seen so many guitars held above the waist... :D