OK Chevy,
Here's the skinny...

On your new Transmitter and Receiver, yes, both of them match, so they will talk. They are 72.070 Mhz which equate to Channel 14 on the 72 Mhz spectrum. There is a lot to know about these setups, but I think you are set.

Now, if you are just learning to fly, please don't try to fly the Biplane. Most of the time, Biplanes aren't even good second planes, or 3rd planes. I'm not going to rail on you, but start slow, or else you could do a lot of damage or injure someone with it.

With that, good luck and enjoy,
Curtis