Individuals who have low value transactions for personal purchases of goods or services appear to be exempt . I assume that the $1000 threshold would not apply as what can you buy for $ 1000 these days???

There is no threshold in MT regulation. MT begins at the first dollar in money transmission unless any exception applies. This goes beyond just virtual currencies and is the actual regs on the book. I don't see that changing as it would affect non virtual currency money transmitters.