In stock form it will do all of the normal aerobatics as well as most of the advanced stuff. It lands nice and slow, and with the right amount of power can climb vertically to the moon. With the wings shortened it will roll faster but it will not lose any of it's really great traits
I just found out in another thread that if you make tons of changes to the rudder, elevators and ailerons and overpower it then it will 3D decently.
Personally I like mine in stock form. It's relaxing for me to fly. Here is a video of mine being flown by a 15 yr old kid in a wheelchair.
http://www.hiddenhangarrc.com/video/...xpert_test.wmv
Here is a link to the maneuvers he was doing plus a few he "made up"

along the way
http://www.krcs748.com/images/expert_maneuvers.jpg
The configuration is:
Bone stock 4*60
OS91 Four Stroke
APC 15X6
JR537 standard servos all around
JR700 7 channel receiver
Expert 2700 4.8 volt battery