Depends on how much 'you want to do it'. You've got 4 ancient (apologies!) servos that may or may not work. The $50 Robot requires two servos - and HS311s are pretty cheap. Given you are a 'dad' then your budget is not quite as constrained as some junior members.
So buy yourself some new HiTechs for Xmas (cheaper than a turkey) and spoil your kid over the Xmas break.
You obviously aren't good at flying as your model crashed and burned
but you don't say what electronics experience you have. Can you solder , do you have an iron? etc. If not - then your wife may need to buy you some other Xmas presents from the hardware store (or Digikey etc)
If this is your first electronic project then please refer to my posting at
http://www.societyofrobots.com/member_tutorials/node/190. Although this focuses on building a different $50 board it gives some general tips as to the sequence to add stuff to your board, and how to check as you go, so as to minimise problems at the end.