Is your subject being compensated more then his/her expenses?
Edit to add: Nevermind, don't answer that. I'll just go off the subject of the first post to keep things in a perfect straight line as you've been moderating.
NO. The AMA will not cover the OP even if he does it 1 time.
http://www.modelaircraft.org/PDF-files/500-A.pdf
7th bullet item down. That's the other place the AMA had to put it just in case you didn't understand it the first time. They made it a little bit more clear on this document instead. Next you can sift through their insurance premium and policy if you feel advantageous.
And come Feb 13, 2008 the FAA has informed us that they will make it even more clear for you, the OP, Ira and Hoss so you'll all understand their stance as well. This way the FAA won't have to slap every Sherrif's department in the USA for thinking they own 1" above ground level in their own counties. The FAA is WELL aware of the fact that people have been flying on AC 91-57 not knowing they were well beyond the limits for quite sometime. If the OP ever had done one of his for profit airshows, he was one of them.