It's going to be extremely difficult to decode "playing" the guitar. Most guitar tuner devices barely cope with a single long sustained note. Short notes and especially multiple notes, chords and finger noise produces an incredibly complex waveform.
I'm sorry to be the voice of doom as it sounds like a real interesting project, but it may require a DSP micro and someone with high level skills in fourier analysis and weeks to months of sepcialised code and even then will have limitations.
A small microcontroller might be good enough to detect "playing" of slow single notes, provided you keep the strings damped and finger noise to a minimum. Good luck!