The D.C. Circuit Court of Appeals has ruled in Taylor v. Huerta, that the FAA’s registration rule — with respect to model aircraft — is illegal, and has vacated that rule. This means that if you operate drones strictly for hobby or recreation, you do not have to register yourself with the FAA as a drone owner. This is the only thing that has changed. If you fly commercially, you must still register all of your drones.
Court Order: http://bit.ly/2qz1p5h
Court Opinion: http://bit.ly/2q0tiAB
Read more from Former NTSB Member John Goglia here.