And seriously, even if there were absolutely zero regulations, why would you do it? Do you seriously think your little adventure is worth putting people's lives at risk. Get over yourself.
Maybe I want a picture of my neighborhood from 1000 foot up? I'm sure we can work around my 3 minutes at 1000 feet, it's not like i'll be there long since my battery will die if a few minutes and I don't have a 2nd battery still.