Is this for real??
You guys aren't listening..... the whole proposal was formulated with the 2 levels to give the newbie a way to get into turbines without having to jump through the DF hoops. The 140 mph max speed requirement was an attempt to wake the AMA up to the reality that the T/W ratio is an arbitrary number and not something that is a realistic way to limit the speed. Now if you will look at the freedom that the level 2 gives you. It removes any kind of T/W restrictions from you as a pilot. It takes away a loophole that the AMA has to deny a claim if you were to have an accident. The turbine waiver CD was not JPO's idea but was AMA imposed, however JPO is actively scrambling to get more coverage across the country.
FWIW it does not look like the AMA is going to make any decisions on the JPO or any other proposal anytime in the near future. The JPO proposal is a whole lot less restrictive than the one that BVM sent to the AMA safety comittee. And yes it is some additional hoops that you would have to jump through but do you not think that it is worthwhile to get some help when you get started out in a new branch of the hobby?