Minnflyer:
Any body going into this hobby should know it's not cheap, first two things one has to consider is (1) Do I intend to stay in this hobby or is it just a fad ?. , if one is not sure or easily frustrated, I'll say buy a 4 channel. (2) How much can I afford to get started into this hobby ?. If the misses (wife, girlfriend, mother whatever) understands you, then she'll let you spend all kinds of money, at least she'll know where you go in the evenings or weekends. Just don't tell her that you've crushed and totaled the thing. I suggest starting a piggy bank for those who can't afford the extra $60.00 U.S. The 4 channel radio can be used later as a buddy box to teach somebody to fly.
Regards
Garthwood