I haven't flown the Mini Mag personally, but Multiplex electric ARFs and RTFs have a very solid reputation across the board and I'd be very surprised if you weren't happy with the Mini Mag. The user feedback here at RCU has certainly been positive so far:
http://www.rcuniverse.com/product_gu...fm?kit_id=4555
Other good choices would be the Model Tech Fledgling II ARF or the Sig Kadet 42B EP ARF. Both of these are four-channel aileron trainers that come with a brushless outrunner motor and ESC included and they're both around $160 or so. Your extra investment in either of these aircraft would likely result in more flying power and longer flight times between charges because of the more powerful brushless electronics. You'd simply need to add a 4-channel radio with three mini servos to either of these aircraft along with a LiPo battery and you'd be set.
Good luck and good shopping!