Bill
No expert here, but many of the things you listed it covers, such a placard requirement to warn passengers. You should read it, you might actually like it. How often do we see an FAA proposal that actually REDUCES regulations? I think this is a blessing no matter what form it is!
I guess what I like about it the most is that it allows choices. If you want to stay standard category, you can. If you want to maintain it yourself, you can. If you want to go back and forth - you can.
As it says in the text, this approach has proven safe for experimetal airplanes now for like 50 years. While would it not be safe then for a factory airplane? Or are we saying here that experimentals are dangerous and the practice should be stopped?
My own feelings, as little as they count for, is that I want GA to grow again. This is one approach that MAY make things better. There must be a reason that experimetal aircraft are the only sector that is growing, so copying that stuff over to factory airplanes may make an impact. Most of all though, I want flexibility - this gives me and other like me that without forcing other owners to do anything.
On another note I showed this at my Chapter meeting. Many of the homebuilders loved it also because they said it removed the operating limitations from experimentals.