This is quite an old thread, but I'll add a reality check for flying the AA-1X. I owned an AA-1A for 4 years and put over 400 hours on it, mostly cross country. The AA-1B has 60 extra pounds of gross weight compared to the AA-1A, but otherwise these are comparable aircraft with the O-235-C2C engine. Realistically, this is a one-person airplane with full fuel and luggage. Most specimens won't be anywhere near the "basic" empty weight, so check actual useful load carefully. While the tanks hold 24 gallons, the usable fuel is 22 gallons. Realistically, you are going to get about 108 kt at WOT with the cruise prop, at about 6 gph. That's how I flight planned, and both speed and fuel estimates were spot-on. Basically, this is a 3-hour airplane MAXIMUM with MINIMUM VFR reserves. My rule was at 3 hours you better be over an airport. That's what my type-specific instructor told me, and he was right. With 2 FAA-standard persons on board and full fuel, there is very little leftover useful load for baggage. If you are above FAA-standard weight, that margin erodes quickly. At MGW, climb is pretty anemic, typical for 2-seat trainers. For one and baggage, it is a reasonable regional VFR XC airplane, with decent climb, and it will outrun most older C-172 models. The O-235-C2C engine is pretty tough and reliable, and the plane is stone-simple to maintain if you have a Grumman-savvy mechanic. I had no major issues with my plane, other than ugly paint. The sight tubes with fuel in the cockpit gave me the willies, but there haven't been many accidents to my knowledge where that was a significant factor in an accident. It's the simplest fuel gauge ever.
I upgraded to an AA-5 Traveler to get more useful load, and not have to operate at MGW. Travelers are quite a bit more affordable than the AA-5A and AA-5B models, have ample engine cooling through the big maw of an air inlet, and use a similarly tough O-320-E2G engine. If you get the high-compression STC (many examples already have it, because it is so desirable) it becomes quite reasonable in climb, and/or faster if you attach a higher pitch STC prop. My model is not the cleanest aerodynamically, but 115-120 kt is achievable in cruise at 8.0-8.5 gph depending on rpm setting, and you can fly 2 and any reasonable amount of luggage and be well below MGW. With the STC engine and prop, I can maintain 500 fpm climb with two aboard and luggage to 10,000 MSL in summer. Endurance with the 37 gal (usable) tanks is a reasonable 3.5 hours with IFR reserves, and I plan for 3 hour IFR or 3.5 hour VFR legs. It shares much of the same, simple maintenance factors of the AA-1 series. Extra performance and fuel margin is a huge safety upgrade for XC flying, especially for IFR.
Both the AA-1A and AA-5 are quite docile to handle with no bad habits. Just fly by the POH. They are not Cessnas. 75-80 mph on final for both models and Bob's your uncle. The AA-1A is a little more sporty in roll with its short wings, and immensely fun with the bubble canopy (and hot in the summer!) but the AA-5 series has much more utility for traveling. In the AA-1A, my wife and I basically joked about the two of us and a shared toothbrush for traveling. (And we were FAA standard weight back then.) The AA-5 is so much more comfortable, and has useful load margin to accept modern avionics as well as a reasonable amount of luggage. We don't have to worry about bringing back stuff in the cargo compartment when making LL Bean trips. (Yes, the AA-5 seats can be folded down to generate a huge, flat bottomed cargo compartment that can accommodate large items. We've had the plane stuffed in back with shopping bags for trips home.)