How's this setup?

I want to get into 1/8th scale so I just picked this up..

http://cgi.ebay.com/ws/eBayISAPI.dll...MEWN:IT&ih=006

What's the word on this controller/motor setting? I can't find out anything about this controller, like amp draw and voltage limitations :( Also do I need anything else besides lipos, servo, and reciever? I think that it's the same setup as this:

http://studysession.com/product-revi...ionReview.html

Thanks for any opinions.