I flew my Magic for the first time tonight. I have a TT Pro .46 with the recommended APC 12.25 x 3.75 prop. CG is right on the manufacturer's recommendation by cutting a hole to install the battery pack in the belly behind the wing. I also took the time to laterally balance the model by taping a large washer on the underside of the wing near the tip to offset the weight of the diagonally mounted engine.
Hovering was a breeze with this setup. If you are capable of pulling off a hover, this airplane does it nicely, although it moves around a little more than a larger plane, causing you to be quicker on the tail inputs to keep it from falling out. The key to any hover is getting the airplane exactly vertical prior to trying to hang it on the prop. I'm not good at torque rolls yet so I held it from rotating with those huge ailerons. When I let it start rotating, I lose the tail and it drops out. My fault, not the airplane. I will practice that some more. Mine hovers at about 5/8 throttle and pulls up and out with authority. I must say this is the most fun I've had with a .46 powered airplane. I still like my 4*60 better but this one will be fun to throw around and practice with. I may need to adjust the thrust line slightly for the best performance possible.