Yes, get the baby taylor with a gig bag. You won't regret it. I love the premiere model Martins, but getting the backpacker is a *big* waste of money. You'll get sick of the thing after playing it a hand full of times. The neck is shaped oddly - like the fat end of a baseball bat. The thing quite literally sounds like a cigar box guitar and to add insult to injury - well... just look at it. Remember, this is all coming from someone who owns one, hahhaa.
On the other hand, I also own a baby taylor which is a pleasure to play. Admittedly, I tend to stick to my full sized acoustics, but the taylor is till very nice. It looks like it was made on this planet, and due to some ingenious bracing it booms. Lastly, it's not too much bigger than the backpacker when you take into account case size and such. Trust us on this one and get a baby taylor.