I got the control rod issue fixed, so I bound it, and set everything up, but the darn ESC is defective I think. No beeps, and no motor.
I bought another 40 amp ESC for it on Ebay tonight, and i'll send the defective one back to the store for replacement if they so desire, then use the replacement esc for backup.
This Waco has been a real hassel so far, but it was only $159.99 and free shipping, and it does look awesome. Time to put the flying wires on it while I wait for the new esc.