Well, to summarize the issue, and after much weighing of pros and cons, I decided the electronic system offered by Clancy Arnold would probably be the best approach, so I ordered the simple single channel set.
This is bearing in mind that my first scale project would not be a multi-function affair, and there is need to practice wth this method of flying and control.
The system arrived at my home in a record time and while the onboard unit is light and tiny, the slider for use on the handle is large and smooth and with a long stroke, suggesting comfort and precise control ability.
Now it only remains to build a suitable scale model (no ARFs for me, not even for practice, not even as a joke
) and this issue still has to be decided.
Anyway, the model will deserve it's own build thread.
Thanks to everybody for all your valuble information in this thread!