These EASA documents are uninteligable to the ordinary mortal, we are not lawyers. We need the information in plain English.
Believe me, you're preaching to the converted. It took me three attempts just to find the text permitting the horizontal derogation.
Because of this EASA mess, many people are now probably flying unlicenced and therefore uninsured.
I think that quite unlikely. Though if you're an N-reg operator and resident in a state other than the UK or Germany, it would certainly make sense to find out what your state's arrangements for transition are.