That's a great radio that will allow you to grow with it over time.

Though keep in mind you still have to get batteries, charger, etc. Here's what I mgiht get:

Plane: http://www.mountainmodels.com/produc...roducts_id=219

Or this option has a sport wing so when you're ready, you intantly have a more capable plane: http://www.mountainmodels.com/produc...roducts_id=318

Motor: http://www.headsuprc.com/servlet/the...-Slofly/Detail

ESC: http://www.hobbypartz.com/topro40aelbr.html

Battery (maybe two or three): http://www.hobbypartz.com/83p-1300mah-3s1p-111-20c.html

Charger: http://www.hobbypartz.com/thac6smbachw.html

So with this set up if you get the one with two wings, you're at ~$150. But the Magpie is a fantastic plane, and the charger will do all chemistries and last you a long time. Plus this plane has two wings, so is like getting two planes: a trainer, and a sportier one. Plus its foam so super easy to repair.