bbellfish-
These are good choices, you should have a fine flying plane. There are more options for the 40 size motor later on but you you can always buy one and another flight pack to use with your 7C transmitter in another memory position. This will give you two flyable planes, always a nice condition to be in. I;m in the position where I am going to have to buy a new transmitter soon as I am running out of memory positions. I love it!
Welcome to the insanity.
Bruce