Yes,
they even have telemetry.
But I would not call it first class equipment. you can tell the quality by looking at their board circuitry. I call it second class.
Still, its the best bang for the buck. Oh, and did anyone mention their 16 channel transmitter??
I guess the best thing to say is that its good to have options. Personally, I would just fly with what I have (least cost). In the meantime, read up on all 2.4 brands, then decide which one you want to use. Its going to be a hefty investment so don't rush.
And look around, you will be surprised what comes by sometimes. I helped a friend grab a mint condition Futaba 7c (with 2 receivers) for $100 (no, its not stolen....yes, he stole it
).