Taylor 110 vs. 214 acoustic guitar?

The 110 is a dreadnaught bodied guitar, so it'll be deeper and bassier sounding making it better suited for strumming and flatpicking. It will also be less well balanced (the 3rd & 4th string won't be as loud as the others). A concert grand body is best for fingerpicking because it's very well balanced and the notes will really jump off the fretboard with minimal effort. It won't be quite as loud or have as much low end though. In the middle of the two is the auditorium grand body and that's what the 214 is. It's the best of both worlds. It's still well balanced and has both a deeper and louder tone, just not quite like a dreadnaught. An auditorium grand body is the best all around style to have if you do a little bit of everything--fingerpicking, flatpicking, strumming. Lead players generally go for a dreadnaught, but a auditorium body is still very loud and fine for flatpicking.

Could have got the 214e for five hundred on e-bay buy I drove out to guitar center to play both of them and actually liked the 110 much better. Joe's description of the sound was dead on. The 110 had a deep, bassy sound and the 214 a thinner, brighter sound that's very similar to the Epiphone I'm replacing.

I decided I was going to get the 110. That is, until I picked up the Taylor 310CE. Unbelievable guitar but at a pretty steep price. I'm definately going with one of those two.

Thanks for the help.

With  Taylor, I don't think you can make a wrong choice....
 
It is however, a matter of taste and personal preferences.  Play them both and then decide which one's tone and feel you like the best.