Looking at the picture ... I feel like "minus..ing" the plane and ordering the rest:-)
The final list that I came up with was
Aeroworks - Extra 260 - 50cc
Airwild RC - Extra 260 - 50cc
Pilot RC - Extra 260 - 50 cc
Wild Hare RC - Extra 260
and
Extreme flight extra 88 inch - 50cc
Composite ARF extra 2.3 m - 50~85 cc
Well did a thorough research on all the planes ... in the end realized that except composit arf all of the planes are in the same league, You simply cant go wrong with anyone of them.
Then came the question of availability, price and support. Though all of these planes can be ordered but Extreme Flight extra was readily available along with the support for the parts. Here are the pictures for this plane.
I also liked the comp-arf but with 91 inch the I reckon the plane would have been under powered with a 55 engine. Also, the plane is too scale in design and the length did not feel right for model plane. I also like planes with elevator inline with the wings.
I will be using the following
DLE55 with CANISTER muffler - This plane is CAN ready

Hitec 7955TG all around except throttle where I will use hitec 5425MG
Duralight A123 2300 battery for receiver+Servos
SWB servo arms all around
1000mah liPo with regulator on ignition
Hopefully you will see the buid thread in May, as that is when I will get time to work on it!
I will still keep my Pilot-RC for special occasions and will use this for every week-end flying!
Here are some links worth checking out on this bird!
www.rcuniverse.com/magazine/article_disp...cfm?article_id=989
http://www.flyinggiants.com/forums/showthread.php?t=19505