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I too have the Fun Piccolo, and started out with the Pico board, switched to seperates with great success. Get the cheap GWS 5 amp speed controler for the motor, get the one without the brake, the cheap ICS GWS 2 amp controller for the tail, two HS-55 servos, and a $35.00 dollar li-poly battery from Etec via Bishop Power Products. Either get the CSM 200 heading lock gyro or the cheaper $45.00 Ikarus standard gyro, You'll be happy with it and by not getting the Pico board you will save enough to get the better grade of batteries!
Hope this helps!
Trex 600,Gazaur Mars 480, Trex SE V2, ESky 550 ESmart, Eco 8 Royal, Dragnous II, Falcon 3D, SE,