I'm actually working on a few things regarding regulations. The problem with the regs is that we have no control over it. Why? because we are not representing big businesses like Grumman, Boeing, and Aerovironment... all of which have seats on the rule making comittee. Why? Money. They have money and we really don't. They have lobbyists, we don't.
How will it affect us? As hobbyists, it won't. These businesses use us hobbyists for research. However for all those that want to go commercial, it will. You see, the president has called for rulings for allowance of sUAS usage, but left it to the ARC. It is in the best interests of companies like those represented in the ARC (Grumman, boeing, and areovironment - who is chair person of the ARC) would have better interest in keeping small companies out. We as hobbyists regularly make fools of the big guys... and they don't like it because we prove time and time again that we're better. We would be the ones setting up small companies.
Luckily, the rule making committee is fighting groups like AOPA (aircraft owners and pilots association) who want all sUAS grounded...
Thus we hobbyists are caught in the middle. All we need is a small voice to get verbage in their like the advisory circular (I think its 97-51 or something) subpart E which states that if we can justify our actions as reasonably safe we may fly. I am working on a how-to to quickly calculate your danger so that you may continue to fly under these provisions.