Thank you all for your responses.
Actually, that estimate of the price is alot lower than I expected. That wing deployment sounds like a good possiblity, its actualy one of the ways I've been looking at after doing some web searches.
Thanks Woodsy, thats an idea I hadnt really looked into, to use a spring, and servo-controled hatch.
Using a one-piece wing is a possiblity, it would allow for a higher chord, but it would also take up more room inside the rocket during launch.
As for the motor, we are planing for the motor to drop off from the rest of the rocket, so we dont have to pull the weight of the empty casing
Lastly, the weight is probably an over-estimate, basically a guess based off previous projects, however we do plan on using a saftey parachute as well as a video-downlink from the nose of the rocket. Also, at launch we will have several cameras and such to keep track of it.
Looks like I'll be heading over to the other parts of the forum.