I don't think the Alaska FSDO will care one bit about it. I say this because a friend of mine actually watched them film this episode, and the Cub that they flew away was not the Cub they showed being repossessed. It was a similar Cub that was not flown by the repo pilot, but actually by the owner of the Cub, because he didn't want the repo pilot flying his plane. If I were to guess (because I don't really know), I would be that nothing was actually done to the flying plane. That's why I think the FSDO wouldn't care.
So the entire show is just a fabrication as near as I can tell.