From my understanding one 'advantage' is you can obviously do your own maintanence per schedule, and sign your own annuals meaning lower costs in theory.
Disadvantages include not being able to fly to USA, and possible hit to resale value as buyer's are sketched out about the condition of the plane.
I'm thinking that with the thousands of $$$ I save not paying AME for the maintenance I can do myself, the plane will actually be safer since i will have more money to pre-emptively replace parts and keep it top notch

What's involved in transferring a plane INTO and OUT of the owner maintenance category? Is it easy to do? TC website says reversing it can be costly - can you not just get an AME to annual the plane again and bring it back to 'certified' status?
Any thoughts or experience with this would be helpful
