Andy, it is logically correct to say that it is a fallacy that the only fatalities likely were to participants. Any time that any aircraft flies over a populated area in a situation where it cannot glide clear of the 'population', there is a risk of engine failure causing the aircraft to descend and impact the 'population'. HOWEVER, the statistics of ultralight aviation in Australia demonstrates that the actual number of cases of fatality/injury to 'non-participants' since the introduction of 95.10 and forward - is zero.
As a member of 'uninvolved joe public', by comparison to being killed by an ultralight crashing , you have a demonstrated greater likelihood of being killed as the result of a Police high-speed chase. Or a petrol-tanker crashing in your neighbourhood. Or being taken by a shark. Or Salmonella poisoning. Or walking down a street when a drunk, aggro moron decides he wants to take a swing at you.
Pilots have been putting down following engine failures for ever, in populated areas. The golf course next to Bankstown has had quite a number of unintended arrivals. The closest we have come to a really serious mass 'uninvolved joe public' fatality from engine failure, AFAIK, was the Mig-15 out of Canberra. Yet Warbird (or quasi-Warbird) 'Jet Adventure' flights are still allowed out of major regional airports, over populated areas.
The 'Soccer Field' incident you cite, is the Runcorn incident: which was caused by fuel starvation. I would accept that this is a demonstration of the greater risk that a Jabiru-engined aircraft poses WHEN - and ONLY WHEN - it can be proven that other brands of engines can continue to function without fuel. However, I have noted from the CASA 'data', that that incident was counted as an 'engine malfunction'.
The restrictions generally imposed on RAA-class aircraft have worked very well to ensure that there have been NO fatals or injures to 'joe public' to date. For CASA to take a comparison between two brands of engine of which NEITHER have any history of causing fatality / injury to the general public and say one is 'more likely' than the other to cause such results, is completely unjustified.