Coming late to the show on this one. I had a 701 for six years and I absolutely loved flying it. A great local- flight, off airport or back roads plane. A great choice for off airport use for someone preferring the nose wheel. I think the glide ratio is something like 6:1 with the light engine. Was hard for my step father to get used to the ground rush coming out of his super cub which floats forever before settling down. That seems to take some pilots getting used to. Even without flaps, every take off was short field and every landing too. Had some problems with the 582 and did some engine out landings. Nose down to get 55 and use the speed to carry through flare since the plane is light and has little momentum to carry it through. I changed out the engine for a Simonini Victor2 and made it a better plane. Put nearly two hundred hours on it before I sold the plane in Nov of 06 to finance a Dream Aircraft Tundra so the wife and I can be a constant threat to our children within 200 miles on short notice.
The 701 will not disappoint.