RE: first plane with reusable electronics?
Have a look at the Tower Hobbies Electricstar: [link=http://www3.towerhobbies.com/cgi-bin/wti0001p?&I=LXNVC0**&P=ML]Click me![/link]
The price is right... though you also have to buy battery packs.
All of this stuff is re-usable, and the radio is suitable and able to handle other 4 channel planes.
This is a decent sized plane so you'll have an easier time controlling it, and it will be easier to see once in the air.