The Phoenix 2000 is a wonderful plane. However, I bought it as a ARF and in the end it really wasn't that simple. Maybe it is if you install a wimpy powertrain it will be okay, but if you beef it up a little, there will be trouble as I experienced.

The nylon fuselage needs the nose reinforced, or else your powertrain could be ripped out, probably midflight. Would make an excellent and short YouTube video, that's for sure!

Nevertheless, if you consider the minor amount of work needed to convert this plane into a really great plane it is still a great bang for the buck. If my Phoenix was 'unable to rise again' I would certainly buy a new one, no doubt. I would not treat her like an almost ready to fly though, and put in the extra work from the start, as I do advise everyone that considers buying this great plane. You might learn a lot in the process and that's great too.
So, if you get one, better order some slowcuring epoxy and fiberglass too. You won't regret it!

And my last advise, read the thread about the Phoenix 2000 on rcgroups.com. You'll find a lot of valuable information there about this plane. It helped me a lot for sure and I'd like to thank all contributors to that thread!

My Phoenix 2000 specs at the moment:
Carbon Fiber 10x6 Folding Propeller
44mm Alloy folding Prop Spinner with 3.17/4mm/5mm Adapter
Turnigy Aerodrive SK3 28361040kv Brushless Outrunner Motor
TURNIGY Plush 40amp Speed Controller
TURNIGY 3A UBEC w/ Noise Reduction
Spektrum AR8000 8Channel DSMX Receiver
Spektrum TM1000 DSMX FullRange Aircraft Telemetry Module
Spektrum Aircraft Telemetry Altimeter
Turnigy nanotech 2200mah 3S 45~90C Lipo Pack
wing: 4x Hextronik MG14 14g/2.2kg/0.11sec aircraft servo
Rudders: 2x Tower Pro MG90s

Only thing that I would like too change (again...) here are the servo's. These are okay, but there are much better ones still.