The ones that get a 40 sized trainer with a good engine and a new 4 channel radio pass their wings and do well in the hobby. 3 channel radios have limited range and wouldn't be allowed at an RC club. Most planes have 4 channels with larger planes having 5 or 6 channels. You will need to learn to use 4 channels for basic operation. It isn't hard but does take a bit of time. The majority of new flyers that buy small foamy planes with 3 channel radios have disappointing results. Then they either soon give up on the whole idea or, if they are still interested they start over the right way and replace everything.
WOW can't wait to see how certain members respond to that statement... Red Cape Bull?

Seriously 240zron1 the best thing to do is buy nothing go find a club and see if they will teach you.
Then have a nice long conversation with your instructor

In ten minutes you will get more information about what gear to buy then you'll know what to do with

.
Going this route ensures that you will be getting equipment that is compatible (buddy box) with either your instructors equipment or the club equipment. It also means that you will be getting (Hopefully) gear that your instructor is familar and comfortable with this alone is worth it. When it comes right down to it the majority of .40 sized trainers have nearly identical flight characteristics and since you have nothing to compare it to you want know the difference or care

. This in my opinion is the best way to get started in the hobby.
If you do enough research here you will find that for every post panning a specific plane there are other posts praising the same plane.
The vital piece of equipment in learning to fly is the instructor