Okay, so it turns out that I was confused. It's not real helicopter training - I'll be flying this instead.
It's fairly easy to hover - easy enough that I'm not sorry that I don't have training kit (a set of poles and balls that keep the copter from flipping over). It's going to take some time, however, to learn how to deal with flipping the controls (left == right, right == left), when the copter is facing me ("tail out" in rc copter jargon). Battery life is 10 or 12 minutes, which is plenty for how skilled I am, as it's fairly intense work.
Disadvantages? Well, the more advanced model, the Blade CP, can do this: