Davey
Go and get the class two medical you never know things may change in the future. As for commercial flying its easy for people who fly commercially to say don't bother because of all the modern day bulls*t, however if it is your ambition it is bitter pill to swallow to be told no you cannot do it and its out of your control.
With an EASA class two medical I believe you can become an instructor, do glider towing, para dropping, aircraft delivery etc and of course there is the FAA route who generally have a slightly different view on medical standards required, but as others have said, private flying is great fun with no commercial pressure from the customer just get in and go when you want where you want.
I would also find yourself an FAA medical examiner and just book a class one initial and see what happens you maybe surprised, as always if they don't ask the question don't divulge the information.
