I just finished reading the whole thing. Very well written and thought out. The inital test price and retesting every two years is reasonable. Cost of registering you MR is reasonable. They state that some cost that the Government and FAA may incur may later be passed on, but for the initial years, it looks like it will hold.
I esp. liked the part where they talked about pre flight checks being dependent on the MR, mainly relating to the size and cost of the MR. The more expensive the aircraft, the more time the operator would spend on checking out his aricraft to protect his investment.
They also acknowledged that information would be made available online, as 80% already is and the additional training materials for the unmanned aircraft would be added at minimal cost.
Basically, you pay for the TSA to check you out, pay to take the test, pay to register, pay to get your MR registered and get the ID numbers.
I think they have simplified it and made it very realistic. One part I think will or should be expanded is the TSA vetting. Maybe every, 3-4 years in stead of it being for longer periods of time. Don't think homeland security is going to give anyone a lifetime pass once they get registered.
FPV is shut down, as is delivering beer, pizza, and anything else.
All in all, I hope this pans out as being correct. There assessments of different applications seems pretty grounded.