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« on: January 08, 2005, 08:13:00 AM »
<snip>THIS GREATLY AFFECTS...NOT JUST ALL BUILDERS..and Buyers of experimentals.. but also certified aircraft owners / and buyers . <snip>
While it may affect cert owners and buyers, I fail to see the relative impact unless you are a cert owner doing a restoration.
Len has a great article. OC could have either assessed the value of materials or the market value of the plane but instead assessed the materials+build time to arrive at a 250k or so figure for a Cozy (give me a break!). One of the reasons we build these SUV priced airplanes is because we can't afford 250K airplanes!
Too often I have seen the attitude---- if you own an airplane you must be rich----therefore that gives us the right to sock it to you-----because you deserve it.
I have already written a letter to AOPA. I hope there is a groundswell of activity on this.