pretty much. AFAIK the best RTR is the associated TC4, although that's quite expensive. If you can find an equivalent of this: http://www.mirageracing.com/piw.php?partNo=MV12204
in the US then go for it. it's cheap, well built, reasonably competitive and pretty upgradeable. parts might be an issue, but I think you can buy kits off ebay. It's also built to bounce off walls all day long XD
it does, however, need a new motor, battery and charger.
failing that, an HPI sprint 2 (overpriced, but still OK), or kit would be better.