Yep. Nothing beats a $2 dollar ARF.

Here's another glider that should make a great conversion: http://store.yahoo.com/explorestore/siriusglider.html

I think I had a few of these sirius gliders when I was a kid that my dad bought at KB toys, I'm pretty sure it was the same glider just without the rubber cap on the nose. I used to cut flaps and elevator in to the wings and they were the best flying gliders that I can recall.