Hi Rob,
The long wing is a real floater, 24mph stall, very very gentle and forgiving with a liesurely cruise of 65-68mph and 2 place rate of climb of 800ft a minute.
The Clipped wing turns the airplane into a very responsive aircraft, stall speed up around 29-30mph, but increases cruise speed to an easy 80-85 mph and decreases 2 place rate of climb to 650 feet per minute.
Long Wing = local low and slow fun flying
Clipped wing= want to go somewhere and still have some fun while doing it.
Please let me know if you have any more questions or need anything else.
Sincerely,
Doug Hart
Hart Aero
http://www.hartaero.com