It's more sensible if this type of rule is harmonised across Europe as pilots like me with small brains have trouble remembering all the different rules that applied across Europe otherwise!
Maybe you think the 500' reduction makes a material difference to safety (what's that in terms of glide distance?) or the potential for noise complaints? Note that the "land clear" rule still applies anyway...
Interested in your views - but on the whole I think it sounds helpful.
Andy