The report in today's paper.. (taken with 15 pounds of salt), the aircraft
had recently been approved for operations at the north Las Vegas Airport by
the FAA inspectors.

There was discussions at the airport with the local FSDO in 2006 about
restricting Phase 1 flying at the airport.
This aircraft had meet the restrictions imposed for initial flights, and was
approved for continued operations from VGT.

BT

Depends upon whether the approaches & departures of that airport meet the
definition of a "densely populated area" noted in 91.319(c). If the
Director gets an interpretation from a local FAA office that it is, then
the homebuilders in the area might want to examine their operation
limitations.