Well if this is an all-out second plane suggestion thread, I will go with the Dolphin. $99, easy to assemble, flies very, very well with a .46 engine. It was my second plane and I'd do it again. As with all planes, it looks much better in person than on Tower's site.

http://www3.towerhobbies.com/cgi-bin...&I=LXLGM8&P=ML