This could finally be the time when owner performed maintenance for older aircraft becomes reality. It is good to hear "less burdensome and costly" in a recommendation in reference to the FAA.

From page 53 of document linked below.

"6.4 PRIMARY NON‐COMMERCIAL CATEGORY
The Primary Non‐Commercial Category is intended for the private owner to operate their aircraft in a substantially less burdensome and costly manner by reducing the level of FAA maintenance and alteration requirements to a level appropriate for a privately owned vehicle.
Recommendation: The FAA create a Primary Non‐Commercial Category under 14 CFR part 21.
The Primary Non‐Commercial Category is intended for the private owner to operate their aircraft in a substantially less burdensome and costly manner by reducing the level of FAA maintenance and alteration requirements to a level appropriate for a privately owned vehicle."

Aircraft would be dual category. Owner maintained for non-commercial and A&P/IA for commercial. An A&P inspection for annual inspection would be required. Very closely following E-AB rules.

http://www.faa.gov/regulations_policies/rulemaking/committees/documents/media/Part.23.Reorganization.ARC.FINAL.Report.pdf