The Administrator of the Federal Aviation Administration may not promulgate any rule or regulation regarding a model aircraft, or an aircraft being developed as a model aircraft
Even if the rules hold up under this law, it is not all doom and gloom for drones. The FAA rules could have been much more stringent, and in general they do make sense. Brian Benchoff walks through the regulation, comparing the new rules to the FAA's existing pilot rules, and juxtaposing the threat drones make to full-size aircraft in flight with those risks associated with bird strikes.
Receiving a million dollars tax free will make you feel better than being flat broke and having a stomach ache. -- Dolph Sharp, "I'm O.K., You're Not So Hot"