Thanks for the advise and quick response. I will investigate the 120' setup however, you lost me a bit with the advise about the channel 7... Ironically, the ONLY thing I did not purchase new (in addition to the radio) was the receiver. As you can see in the images, I only have 6 channels available. As I look into this it apears that most of the receivers out there only have 6 channels - or am I wrong? Also, the manual specifically recommends channel 5 for the Gyro (see attached pic). There is even a supplemental heading hold instructions available on the hitecrcd.com website.

Are you aware of any video or step by step instructions specifically for this heli / radio combo?

Thanks again for your advice. I really appreciate it.