I dont think they would cope with every pilot buying a PLB or every airplane installing an ELT in the next year...
Well, I'm still waiting for registration details for the PLB I bought some months ago, outwith the change in the regulations. However, in the e-mail telling me about the backlog in registrations, it did emphasise that if the PLB was activated, emergency action would be taken anyway, so maybe registration to an individual or a vessel (boat, car, aircraft or whatever) isn't so vital. I'd hope that a nice shiny new red and white S92 would come looking for the PLB no matter who had it with them at the time.
TOO.