I've been looking into a Jett 1.00 LX. Still not sure if the $465 will be worth it. Donations accepted!!!
Regarding the Picco, I foresee no problem in flying with the 7D. I will try some 10% and 15% today on the bench. If we can hit 13,500 on the 12.5 pitch we should be doing some decent speed. I am also working on sealing the nose wheel well. The main gears can be improved a little bit too.
My Arrow 40 achieves the 135mph using several drag-reducing techniques which I will apply on the 60.
The nicest thing though, is that the Arrow is still a fully capable pattern plane. Snap rolls are a neck-breaking experience with LOUD sound effects.