err not really Crab. The requirements for an EASA Class 1 are not the same as a Class 2, and the time to renewal is different too. In the UK the requirements for a NPPL, which are the standard for an DVLA Group 2 driving license, effectively eliminate the vast majority of risk but avoid much of the cost and infrastructure for the Class 2. Indeed there have been mutterings that the Class 2 might go.
If the US is going down a similar route which will reduce costs and help people to remain flying in small aircraft with an acceptable level of risk to third parties, I believe it should be supported.
However knowing US legislators......