That would be very welcome indeed - it would mean no more meddling and tinkering with current requirements and no interference with sub-ICAO / non-JAR matters such as UK BCPL, NPPL - and, of course, the UK IMCR!!
And where exactly do you think its says that? It says:
"going back to the original structure, and wording (whenever possible) of JARs and ICAO requirements which should be transposed into Community law."
That means instant death for "the UK BCPL, NPPL - and, of course, the UK IMCR", and back to the gold-plated standards for everything that were the JAR version, always the highest standards in the community. It looks like utter disaster to me.