Hi,
Spend a little more and buy the Hobby Zone Sport Cub S. It is a great plane to learn on and it's one you won't get bored with as your skills improve as it's a 4-channel plane. It has the Safe mode to assist you while learning plus it has the AS3X gyro system to help keep it stable in flight. Once you improve you can turn off Safe and fly more aggressively while still having the stability of the AS3X. I have one and fly it on advanced mode on windy days and it is a fun plane. A float set is available for it to fly from water or snow too.
http://www.horizonhobby.com/sport-cu...nology-hbz4400
I should point out that a beginner has no business doing loops and rolls while learning early on.....that will come in time. The Safe system prevents you from looping and rolling....so you don't crash ! When you improve you can go off of Safe and practice loops and rolls and if you get into trouble simply put the transmitter switch back into Safe and the plane will correct itself ,provided you have enough altitude.