Welcome Jim! There is a very wide range of options for a new FE boater. This can be a bit intimidating, it's not just "get a NovaRossi, 60% fuel and a 1645 prop". There are not a lot of FE riggers available, although the JAE seems to be a good choice. There are really two "P" classes for riggers, a growing unofficial "Spec" and non-spec which both operate on 14.8 volts. The former usually runs the motor and speed controller from an AquaCraft UL-1 hydro (available separately), the latter runs almost any brushless motor with a Kv (rpm/volt) around 2000 to 2300. The "Spec" setup will run in the 60s with the right prop, the latter in the 70s - but the cost difference is considerable. The hardware will depend on the hull you choose, but most will use 3/16" flex cables and props.
I recommend that your first FE boat use a "spec" setup. This is still plenty fast, less expensive if you make a mistake (and virtually all new FE boaters do, regardless of how many years they ran nitro), and there is more likelihood of finding other FE boaters to run with. As for chargers, there are too many to list, and you can pay from $30 to $300. While I have owned several different LiPo chargers including high-end products, I still like the basic AstroFlight 109 the best. Simple without a lot of bells and whistles, it is very versatile and easy for even the computer-challenged to operate. The best power supply will depend on how many chargers you want to feed at one time.
I recommend looking at some FE boating sites to learn more. One of the best IMO is
http://www.offshoreelectrics.com. There are threads on the JAE rigger setups and a lot of experienced folks to help you. But like any Internet site - be careful who you use as your 'expert' advisers. There are a few folks who seem to know a lot but who in reality do not. Nothing different than here, just be cautious. The very best thing would be to find an FE club near you and visit with them. That way you can actually see a variety of FE boats and their support equipment. The important thing to remember is to have fun!
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