First of All, Thanks for all the Help, you guys are great, just what I needed.

But I did some more research and I realized that for the Kind of Power I need(ok want LOL) i would have to expand my budget. how about this setup?

Motor - Nemisis Blue XLT-1

BK Warrior Speed Control (not sure what model but it costs $230)

Tanic Packs 4S 3700 Lipo

Would it work well and provide nitro beating power? and can someone reccomend a good BEC?

thanks again guys, your all great