Tirekicker... Pardon me for saying so... (and I suspect that you may be the fellow who strung me along for weeks saying you'd be buying my XL-2 last year)... but the Skycatcher and the Liberty are not even in the same league in terms of performance, fun factor, or capability. As far as I know, the Skycatcher may not be operated in IMC/IFR operations. In that respect, you can do some instrument training in it if you upgrade the panel, but you can't actually fly in IMC. It's like a DA-20 that way. ) The XL-2 is a solid IMC platform, having flown it in Wx myself. I sold my XL-2 a year ago, and moved to an RV-7 but if you bought a 162, you bought the lesser airplane, by a lot. (I have time in both.) Both the Skycatcher and the Liberty are essentially orphaned types at this point, so I'm not sure you've got an advantage in either one. If you are who I think you are, your username is apropos. Anyway, my old XL-2 is now owned and flown by a SWA Captain who is teaching his sons to fly. It's a fine airplane for training and casual cross country applications. 120 KTS on 5.5 GPH is hard to beat in a certified aircraft, with some real fun factor, which the XL-2 has in spades.
Back when I sold my XL-2, the company was still solvent, and TCM was still supporting the IOF-240-B5B even though lead times could be long ones. Discovery Aviation has since ceased operations, but unless you break the airframe, most parts are available from the vendors from whom they were sourced. There are precisely three very simple, small parts which must be replaced at 500 hour intervals, all of which can be machined very simply if inventory is unobtanium. I think the firewall blanket and engine are due at 2,000 hours, but most people continue to operate these on condition rather than time, which is permissible under Part 91. Lastly, there is a tenacious owner group who share knowledge on the XL-2 forums. Once of the former factory sales guys is spearheading an effort for a conventional IO-240, non-FADEC conversion, which would make thinks so much easier. Some folks are working on a Rotax conversion as well. I'm still there helping out on parts identification and sourcing, quite often. I'd love to see someone take over the type certificate, and the considerable parts inventory that was left by Discovery.