Motors aren't necessarily included.  That link that Chairboy posted looks like a decent starter from the webpage, although I've never seen one in person.  Check out the "items needed" page for all the little stuff to buy (it adds up) - things like servos, motors, batteries, and speed controllers.  
Foam = big plus.  Foamies can take crashes.  My Zagi (a flying wing foamie) has full-power augered from 50 feet at nearly 90 degrees and survived with only a few dents.  That kit says you don't have to cover with tape, but I would.  Tape covering aids visibility, can help directional orientation if you make a distinctive pattern, and adds strength and durability to the foam.  
Electric = big plus.  Don't have to screw with fuel/air mixtures, humidity, glow plugs, messy fuel, and all that other crap.  I learned to fly with a .40 glow fuel trainer, then moved on to electrics in college.  I'll never go back to glow fuel.  
Any 4 channel radio will serve you well if cost is an issue.  I have a Futaba 4 channel radio that still works fine after 10 years of on-and-off use.