Thought I'd chime in. I flew IMAC last year with a 30cc size electrified Edge 540 running on 6S. I ended up beating 4 other gassers in sportsman at Windsor and competed well at the Truro competition. Electric is here to stay
I had 4 6S 6000 batts for the summer. Average flight time was about 7 minutes and charge time was about 45 mins but I wasn't charging them as fast as I could have at the field because I didn't have a generator.
To me this was ideal. On a good Saturday or Sunday I'd have about 8 flights each day and have time in between charges to chat with the guys.
This I think is probably the most cost effective anything bigger it is going to get expensive.
This year's project is an 87" Yak that I'm running on 12S
So now I am looking at another 4 flight batteries, a bigger charger, bigger power supply, and a generator. Not to mention a much more expensive motor and esc.
So for me it is a wait and see thing. If I get the flight times I have read which are somewhere in the 10 minute range, and the motor performs better than a DA 60 as advertised I think I'll be very happy.
The only thing for me will be the charging times. If I can't effectively charge at the field as I did last year it could put a damper on the fun.
My main reason for going electric is I know very little about gas or glow engines. Growing up I flew a lot electric gliders and enjoyed the simplicity of it.
I also like the idea of trying something new and unique that a lot of people aren't ready to adopt. It's a talking point when I go to a competition or a fun fly. A lot of people want to know what I am running.
For me the 50cc airframe is right on the edge of making sense to run electric. Anything larger gas is probably the right choice.
Just keep in mind it isn't just the plane you need to be worried about as far as cost goes there is all the support gear, charger, power supply, generator you need to go along with it.
Like Al said it comes down to personal choice. I think something of the Ultimate's size and weight might be an expensive proposition but doable.
Ok now I am done. I am such an attention whore