is it? i thought that it would need a waiver, but not level certification.
Anything over 3.3lbs total OR 125g of propellant requires a waiver.
At a club launch, HPR cert is needed as well. If I understand the NFPA stuff correctly, you could maybe need certification even for a lone ranger launch, if you live in an area that has adopted NFPA (1127?) standards.
But if you just have a waiver, you're probably OK.
Besides the two above, there are four other conditions which require HPR certification, but not FAA waivers.
Doug