ej,

I just got back from flying my Magic Extra 300L (5th flight). Dude it is the coolest 3D plane for the money. It will knife adge all day long. Most planes don't knife edge so well so this impresses me. It hovers so nicely. This thing can do everything really well.
Get a flex tank from Sullivan for $5.50. It goes in a lot easier than the one they supply.

Make sure your engine is at least a 46 (like an FX would be great) and that the CG is about 4-4.5 inches from leading edge. I use an Irvine .53 on mine. A little over kill to be honest.

And does it look cool.

I love this plane.

Joe