bdk wrote:
Experimental Exhibition is less desirable than Standard Category because you are subject to operating limitations when you get your airworthiness certificate. You can't give dual instruction like you can with your Cessna 150 for instance and you can't use your aircraft to commute.
Experimental Exhibition requires the submission of a "Program Letter" every year, outlining when and where the aircraft will be flown. You are given a 300nm proficiency area, where you may operate without prior notice, but no Class B, as well as other limitations. If an event is over 300nm away you can still go, provided you notify your local FSDO 48 hours in advance.
These restrictions are outlined in each Experimental Exhibition aircraft's "Operating Limitations", that must accompany every flight, along with the Program Letter and Airworthiness Certificate (Registration and W&B also).