Arguing a biblical basis for the real presence is no legitimate reason for rejecting the Roman Catholic Church. In reality, there is little difference between trans-substantiation, spiritual presence, and con-substantiation.And yet the rabid, parti-hued haters do just that Padre. Sad but true.
While there are what I would consider reasonable concerns that might cause one to choose other than the Catholic Church, I don’t consider transubstantiation to be one of those reasonable concerns.