I'm also new to pattern flying, I went for a Kyosho Osmose 70 with a .75 2stroke, Was on a tight budget as well and my LHS did me a deal for NZ$1200 for everything excluding tx. I think that's about US$850. It wont work with a 110ys but there are plenty of models out there that will, the spot on 120 is a possible choice if your really on a tight budget. Depends what's available at your LHS or if you can get something freighted for cheap.

That's one thing that sucks about NZ, not many choices, its either what your LHS has or is able to bring in or paying out the ass for international freight.