I think that the rules in Germany (some other EU countries) are quite ok.
We have
1.) Pedelecs: 25km/h motor limit and 250W continuous power limit.
In reality Pedelcs with BionX or Bosch motors consume 20-30A at 36V for short times and are legal, so peak power is much higher than 250W. Also the typical chinese motors with 36V 14A controller seem to be legal and bikes with those motors are sold at discounter stores.
Most Pedelecs stop supporting you at around 27km/h, I guess that 29km/h would be within the tolerances. My Cute 85 (225rpm) runs 30km/h at full batteries, the XinFeng runs 33km/h at full batteries, which is to fast to be legal imho.
Pedelecs have all those privileges that bikes have. You can build your own, you can use bike lanes, you can take them with trains and public transport, you have a 1,6 per mill alcohol limit, you do not need a driving licence, you can pull a trailer, mount spike tires, transport 1 or 2 children and so on.
Example:
KTM Macina 29 with Bosch motor
2.) s-Pedelecs 20km/h limit without pedalling, 45km/h motor support limit, 500W continuous power limit
those are "fast bikes" and look like Pedelecs but they need to have certain parts like a mirror, special tires and so on. You have to mount a number plate and you loose your bike status. You also need insurance and you can't built those on your own. You can't even change brakes, forks or similar things...
You need a drivers licence.
Until now you do not need to wear a helmet.
Example:
Bulls E45 with goswiss drive hub motor (note the mirror, lights, speedometer, licence plate, etc...)
3. small power vehicles. 45km/h motor support, 4000W max power, no pedals are needed
You need a drivers licence and insurance.
You need to wear a helmet.
Example:
El Moto (48V, 31,5Ah, 2000W max, 45km/h max)
4. motor bikes / cars. No limits
You need a (higher) drivers licence
Example:
Note the pedals!
Twike active (353V, 24Ah max, 85km/h; 5000W max, 2 persons)
In my opinion a bike should stay a bike. Nobody is able to get 1000W continuous power from his feet and for most people 250W contionous is more than doubling their own power. I also do not like the 25km/h limit, but most likely there is some tolerance and within a city and other bikers (average bike speed is 12-15km/h btw) 25km/h + tolerenace seems reasonable.
250W+ does help A LOT on hills. If you do not belive this just switch off your motor.
we have the option for legal 45km/h "bikes", which drive like bikes, but lose some privileges. Those are very fine outside the cities or for commuters which have enough space to run fast. Otherwise if you can pedal on your own at 30km/h there is nobody who will limit you...
If you don't want to pedal there are plenty other options, but of course you lose the bike status and also bike components are not used beyond 45km/h.
Finally here is a example for a bike with a 110W max. output motor:
What you see is the bike + motor (Vivax assist) + controller + battery. The weight incl. the battery is 11,5kg.
best regards