Zuriel,
I think the day you have described is really the essence of CL flying. An enjoyable day spent with a friend building a plane and sharing memories of the past and hopes for the future. Not to mention a great lunch!
Perhaps we sometimes make things too complex or complicated and override the "fun" part of an endeavor. High performance stunt ships are fine but the cost, skills required and time involved in building them is formidable. A Ringmaster may not be the plane for all out competition but will provide lots of flying fun and a challenge in a different way. If you can fly a full stunt pattern with a Ringmaster, that's quite an accomplishment in itself! If not, who cares? I can't speak for others but, realistically, I know I'll never be a serious competitor. I don't have the time, money, ability or desire to do so. I enjoy building and flying planes that are within my means. The time I spend with friends flying and building is invaluable to me.
Joe