Alan,
I am not that acquainted with this motor, but from what I can find, it is a brushed motor with a kV in the 2000 rpm/volt range.
Probably means that you would be flying with 2s Lipo pack to get rpm's in the 10-12000 rpm range.
I have an Astro 05 Cobalt motor that I use to fly in an old Goldberg Electra RC powered glider. I am not sure if the two are similar, but I bet they are.
I think the motor can handle ~20A or so max, so that would give you ~160watts of input power. My SuperClown setup was running somewhat higher than that, so I am guessing that you are probably going to be marginal with that size plane.
The downside is that this motor is relatively heavy for its power handling capabilities (~5-6 oz if I got the specs right) compared to a brushless motor. Also you need a brushed controller if you don't already have one.
My guess is that it probably would be cheaper in the long run to go to a brushless setup--this depends if you already have the ESC and battery in hand. If you don't then buying a brushed setup with a 2s pack is probably a dead-end system. You won't have a governor mode capability (AFAIK) for example.
So although it might be fun to try, my advice is to go brushless.
Maybe others have more experience with this and would have a better idea of a suitable setup and airframe.
Alan