I've flown a couple of these now. Both have TT Pro .46's on them and in my opinion, thats a bit much for it, but it handles it well. The guys I know with them tend to think of them as hotrods and not fun fly planes, they seldom throttle down and their throws are extreme to say the least. I've seen the Magic handle power dives, one after another, and to my shock, it came out ok.
It's a pretty capable plane, you probably wont need high torque servos unless you intend to compete in NCFFA meets or similiar with it. If your still concerned, you can always use a 6.0v battery pack for a little more oomph.
I think they usually come out around 3 1/2 lbs.
The only thing I didnt like was the cheesy shelf paper type covering and lack of steerable tailwheel, but that won't bother you too much unless your flying off a hard surface. ( I am)

Good Luck !

Foamguy