If you are after a cheap but sensible plane and can hold on for a few weeks I may have an alternative for you.
Quangsheng originally designed their planes to a spec supplied by Woodcraft in the USA where they are marketed as wood river planes. They are still a country mile off the sort of standards that we see from Clifton, but they have got the fundamentals right.
I have yet to use one, but I have had copies of the spec sheets from their materials suppliers and photographs of their production processes, all of which strike me as being correct. My only concern so far is their use of water hardening steel for the irons (the chinese equivalent of W1). This varies greatly upon the qualities of the water in which it is hardened, do it in Sheffield (UK), Pittsburgh (USA) or Miki City (Japan) water - lovely jubbly, do it 50 miles away from any of those places and it has the potential to be absolutely diabolical. Believe it or not Ashley Iles (the man not the company) used to drive to Sheffield and import water to Lincolnshire a truckload at a time just to harden his steel in, it really is that important. AI eventually switched over to O1 which has virtually identical properties but can be hardened anywhere in oil. Most of the Sheffield manufacturers now use O1 because it is so consistant and so good, even though they have the right water to harden W1 availabe on tap.
I won't be able to tell until I sharpen it, but as a pre emptive countermeasure I have started buying up English made O1 blades to retro fit if the Chinese made ones are not up to snuff.
I'll keep you posted.