Does it fly?
Yup.
Does it fly well?
Nope.
Too much positive angle in the motor so she would just want to loop no matter the throttle input, even with up to an oz of weight on the front.
Weights off, added a servo, now it's 3 channel control for R E T with a front mounted canard.
What's interesting is it's almost indestructible. We launched it a dozen or so times, and each crash it would just bounce.