For a first, I would suggest the Lanier Predator ARF. You can get one from Tower or any of the larger mail order houses for about $130.
If your looking for an inexpensive kit, I would suggest Bill Vargas's Racer II. You can see that here:
http://www.q500424.com/racer_ii.htm
If you looking for a competetive top of the line model, I would suggest the Neme-q at
www.flyfastcomposites.com or the Bird of prey that Lyle Larson Sells.
Best of luck.