I know Bill Heard. He is really a very nice, likeable guy, does meticulous work on what he has completed to date. Would I hire him to build an airplane for me under the current scenario....No. Not because it wouldn't be a good plane, but because it would be against the spirit of building experimental aircraft under the current reg.s, etc.
I think Bill in his exuburance in a new found hobby may have under estimated the current feeling, reg.s and tenious situation concerning the 51% rule with the FAA and all the hard work that has gone before to maintain this privilege.
Although I do not support his current endeavor and I have shared this with him. I think your feedback (hopefully) has been crucial in making him rethink this issue.
I just want to be careful that as a group we do not "burn down/out" his spirit and enthusiam for building his own plane. Bill will be a good member of the Van's Community, will have much to contribute in the future. Just not in his current proposed venue. At one time or another all of us have misjudged/misunderstood situations. Let us be critical and clear in our feelings on the issue, but not demeaning.
And this too, will pass.
"Shields up Scotty"