My MAGIC hovers well with a Saito 56 and 12x6 APC. I have tested other props and this by far works the best. On my plane, the CG is set at the Aerodynamic Center-neutral stability. The only tip is too make sure you set you control surfaces to move at their maximum deflections-this will make it a lot easier.
See hovering movies here:
http://www.grc.nasa.gov/WWW/K-12/Con...dioControl.htm