I've got the HarGoon and Moon Rocket that need paint, the Diet Seven-Up and Diet Cherry Seven-Up that I'm currently building, a Big Daddy and 4" scratch Phoenix that I'll probably start building before I finish the Seven Ups, and the Crazy Eight is designed, but I don't have all the aprts yet. You can never have too many projects!
In regards to MPR vs level 1, it all depends. I've been there, done that on Level 1 (both my tripoli membership and my cert lapsed a decade ago) and am enjoying LPR/MPR stuff right now (7x13 cluster, 7x18 cluster, 7x13 + 1x18 cluster, two-stage 18mm, single 24mm's, and a single 29 are in my fleet/on my workbench/in my queue).
You could easily build a bird that flies nicely on high-thrust G's, but will handle a small H without any problem, and if you're interested in pursuing your level 1 cert soon then that may be a good idea. The "High-power" 29mm hardware probably makes a good stepping stone to a L1 cert, although I did mine with the 32mm hardware and a dedicated "high power" rocket (Cluster-R 2.6" sandhawk). Now that they've got the 32/120 hardware, though, I'm planning to fly it on high-thrust G's until I get the cash to pursue my cert again (membership dues and LEUP fees are bigger than my rocket budget right now).
-Rick