Hey pgroom 68..
I'm an aussie too.. I have just ordered and built the exact same heli - from Hobbyking NSW..
I actually used to live in Hornsby, in the Madison apartments above Westfield.. but am now in Perth..
Its a GREAT Heli.. I have two of them, one is the Plastic version 2 from Nitro Planes which cost me $29, and then I bought the GT from Hobbyking a week ago..
I have flown the V2 about 50 times and it loops and rolls beautifully. Still wating on a motor and ESC for the GT..
Using Spektrum in V2 and a Futaba Fasst in GT..
Using the Turnigy DS480 on the tail and it is rock solid, even with a very basic gyro I borrowed from a Twister Gold until the 401's are back in stock at Hobbyking..
Here is the maiden flight of V2 - but I have since adjusted the throttle and pitch curves and now always fly in stunt mode and its Perfect..
http://www.youtube.com/watch?v=kzYV77XaIbY
Good luck with it mate..
Here are a few pics of the two birds..
The only change I made to the GT was to buy genuine TREX 450 Horizontal stab and fin, I didn't like the tiny CF one that came with the kit and white is much easier to see in flight...
I used genuine Align blades on V2 for the same reason.. the red upper makes it easier to see..
Cheers
PS... yes I have a fleet full of esky coaxials also...