Thanks guys for the help.

I have been talking with a guy that owns a hobby shop. He has recommended the following setup:

B40 or B50 size brushless motor - $60
Castle creations speed control - $119
Gearbox - $22
6S2P LiPo 4000 mah with 60amp capability - $320

That is a total of $521.

Since I want to do 3D with the plane he says I will probably need the B50 and the larger batteries.

Any thoughts?

Hal