If you researched all of the different RC boards, posts and conversations (or arguments regarding this subject over the last couple of years, I think you would find two things...

One - you would have done a ton of reading, and

Two - the general consensus is a SIG LT-40 with a Thunder Tiger 46 Pro.

As for a radio, thats more of a personal preference. I like JR, but Futaba, Airtronics and Hitec are all qaulity systems. If you plan on doing this for a while, get a 6 channel computer radio. If your not sure, get a basic 4 channel, non-computer radio. My suggestion would be to go 6-computer. You will always be able to recover most of your investment if you take care of it.

Good luck.