Go fly my pretties... fly... FLY!
Sent from my Etch-a-Sketch I may quote rules and laws from my research, but I am not a lawyer and my views are only my opinion - do not construe anything I say as legal advice. (My lawyer made me say that).
There may be few FAA rules regulating hobby flight, but please use common sense. If your flight creates a hazard to people of other aircraft, you can face charges from the FAA if they feel that your flight violates 14 CFR 91.13 'Careless and Reckless' operation. If you are a certificated pilot you could face A Certificate Action as well, so be careful out there.
Yes, I am arrogant. And I am usually right.