He said economic, which one assumes means economic to buy as well as run.
An MCR01 would go a hell of a lot faster and is quite economic to run but you could buy 3 Luscombes/Aeroncas/Taylorcraft for the same money.
Ooops I forgot........
My Luscombe's faster than an MCR01 at the moment as they're all grounded by an AD
(sorry Rod)