Spawn,

The engine you've pictured is an excellent first engine. Just be sure that you don't adjust the air bleed, which is the small black screw on the front side of the carb that has a spring on it. Notice that there is a small hole in the very front of the carb. This screw with the spring on it adjusts the opening of the hole. The screw comes pre-set from the factory and doesn't need to be touched. Get with someone who knows how to break in an engine. The break in process is the most critical part of running a new engine. If you can't find any help, just ask here on RCU and help will come to you.

A control line engine doesn't have a throttle adjustment on the carb. It's full throttle all the time.

Good luck,
John