I honestly don't have a issue with the extras on a moped, but then again I'm not riding one because of a budgeted income. In my hobby days with 50cc 2-strokes I always had my M class motorcycle endorsement, and I just ended up getting the yearly (not required) safety inspection and just added the moped to my insurance policy. Once I added the moped to my motorcycle policy I got the multiple vehicle discount and it was actually cheaper! It was still a moped legally restricted to 35mph though. But this happened to me!
I was riding a highly modded 70cc Zuma moped home from work one night. I was doing 45mh in a 45 zone, keeping up with traffic. So this cop stops me with a car full of trainees. The cop goes "License, insurance and registration." all happy like he was gonna nail me. I'm like "O.k., here's my proof of insurance, M-class license, registration and my state inspection paperwork.". Cop just sat there looking stupid in front of his students. He says something about exceeding speed on a moped so I just told him to give me a ticket and I'll fight it out in court. I can take days off from work, no big deal. Cop ended up letting me off with a warning. I wasn't rude or anything, I always believe in treating others as I like to be treated, but this cop apparently hated mopeds. His recruits were impressed with my motor work. That Zuma did 60mph and would ride wheelies off the throttle, and it sounded evil when it hit its power band! Miss that scooter sometimes.
Our moped tags say "Moped" in red at the bottom, and your not supposed to exceed 35mph but if you do and get caught they treat it as operating a motorcycle, and hit you with the extra things required for motorcycle operation. My Zuma tag said moped on it but I had all the motorcycle bases covered.