I had a FRA150L (130hp Aerobat) for seven years. My first aircraft and learn a lot about flying. Long trips, small strips. I think they are great machines. Not high performance. Fuel bill is not too high and mainternance not too bad (all the AD's have been out for years).
I only sold mine as I built a Vans RV7, would have loved to keep her as I still really enjoyed flying the 150. Lovely machine. Go for the 130hp as it is better, get the best condition one you can find.
Tim