Bootsnall has a pretty good discussion going. The main take away's being....
Antiqua is cute, colonial, and a little boring" but popular with Americans and British.
Lago Atitlan is a favoite for expats, especially Panajacherl.
It is possible to live off of $700.
It is difficult to import a car.
It can be difficult to get permanent status, even though the offical rule is you have to have $1,200 of income.
Different people way in at Expat Exchange about how to and the hassles of buying land.
Interestingly, Guatemala does not get its own thread from the list of countries at International Living
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