RE: Is the Magic REALLY fun to fly?
I flew a magic most of last season with OS 32 at barely over 3 lb. It flew fair but I wasn't that impressed after all the raves I had heard about it. I have watched a couple Topcaps and they looked very good. For $50 more than the Magic you can get the Extreme Flight profile Edge ARF. Way, way,way better than magic!!! Will fly excellent with your 46FXs.
Lets put it this way, I gave my Magic away after flying the EF Edge!
Paul Swany's Burrito is excellent fast building kit that flies extremely well for only $60 is another option.
Later,,,Matt