I think the whole LSA thing is a dead end and in retrospect Cessna wishes they never went there. If the FAA get rid of the 3rd class medical then the market for LSA's will instantly disappear.
So you'd deny those of us who can no longer maintain a medical for a PPL the privilege of flying, would you ? Well done, I hope you go to your grave still holding a Class II
The likes of the Tecnam, originally, (and still possible,) registered as Microlights in New Zealand - MAUW 1200 lbs. - certainly saved the recreational flying scene around 14 years ago, and definitely ensured that I have kept flying since that time. The medical standard is that of the "aged" driver, i.e. from the age of 70 I have to have a medical every 5 years to maintain my drivers' licence, so if the doctor allows me to drive home alone, then I can fly a Tecnam, with the requirement to undergo the same medical every 2 years to continue flying.
NZ has recently introduced the LSA class, and pushed the weight of these same aeroplanes, i.e. Tecnam, Alpi, Sportcruiser etc. up to 1300 lbs, and they can be flown as regular G.A. aircraft if registered as such, but they need PPL protocols with regard to training and maintenance, unlike "microlights" which can be owner mainained, and flown on a "Microlight certificate"
The CAA have also introduced a RPL ( Recreational PL) for which the training and licensing standard is that of the PPL, but the medical standard is one notch higher than the microlight, viz. Commercial Driver with passenger rating, effectively a bus driver standard. This licence also allows me to fly the G.A. aircraft up to 4400 lbs, single engine, but restricted to microlight rules, i.e. only one pax. no IFR or night flying, not over urban areas etc. but it allows Grandad to continue to fly the family Cessna off the farm strip.
Very enlightened, and long may it be so.