could always look at the ECX
http://www.horizonhobby.com/products...r-gray-ECX1100 $99 shipped
http://www.horizonhobby.com/products...r-blue-ECX3100 $99
http://www.horizonhobby.com/products...orange-ECX3000 $99
seems they changed the electronics to waterproof, radio to 2.4ghz, and slapped $80 onto the price tag and are just getting rid of the non-waterproof, AM stock

as for making it slower could always tape a piece of foam behind the trigger to limit the throttle to slow it down or get a higher turn motor.