I think the bit airplane is a great idea. The one on the website apparently works very well based on the videos. That plane uses a two channel radio to control direction and motor speed. You might be able to make an even better plane by making one based on a Wild Char-g instead of a Bit. You can use the WCG's third channel for alierons to give the plane a heck of a lot more control. Also, if you really want to boost the power and minimize the weight, you can also use a li-poly battery (check out
http://www.fmadirect.com ). The 145 mah 3.7v pack weighs the same as the stock nicad! It's kind of insane, but you could theoretically make a damn good semi-acrobatic slow fly plane out of a bit. One final possibility: two motors. You could hook up two (or more!) low-drain motors (i.e. Namiki 1701 pager motors) in parallel. It all depends on what you are going for. I'm going to wait for the price of a Wild Char-g to come down, then I'll tear one down for a plane. I'm thinking vertical climbs with a bitmod1 3.5... anyways, I hope this post has some useful ideas. I'll be back with pictures once I get started. Good luck!
-m