The large combi sander is one of the most used and appreciated tools in my shop. I got the Delta 31-280 (6x48" belt and 12" disc) and am happy with it. I've had both a Dremel scrollsaw/sander, and a Delta 1" belt unit before. They just aren't comparable but are better than hand sanding things sometimes. If you have the space and the cash, the bigger machine is much, much more versatile, more stable, and produces more accurate work with less fussing. You can also make furniture between airplane projects.... Is it necessary to build a good model airplane? No, but neither is a drill press, and I wouldn't give that up either....
Edit--sorry the picture is rotated. I don't know how to fix that....