Jason and Brad:
If it helps, I posted a table of power system weights on this subsection about 2 months ago, comparing several IC systems (including fuel weight) and several ECL systems. I used my PA61 which is probably very close to the PA51.
The comparison of weight is tricky because of the fuel burnoff, of course. But using the moment and weight table it is clear that the ECL systems, even keeping full takeoff weight through the entire flight, can equal or exceed the IC system as far as CG and overall weight. My China Clipper with a Turnigy 42-50 (a 9-oz motor) and 15-oz battery will have the same CG and overall weight as the same model with the PA in it and a full tank. The E-motor is lighter than the IC engine so the moment is less, while the heavy battery is closer to the CG, somewhat ameliorating its larger moment compared to tank + fuel. The total moment favors the E setup! And using a 7-oz motor (such as 2826) would be even more favorable.
Slightly off subject, but this is a good opportunity to congratulate Brad on the T-Rex. I have only seen pictures and followed the building threads, but very impressive! This looks like a great leap forward for factory-built models.