Greg - I understand that the 30+ year requirement HAS made into the new scheme, but details have yet to be announced. In fact, details are very scant at the moment as (as usual) Vicroads is running late with getting this thing up and running. It was all supposed to be in place by the October/November 2010. For anyone interested the original discussion paper sent out to clubs is here:
The 30+ year change is outlined in that doc. Essentially, from Feb 2011 the new scheme will be in place, log books+stickers issued, etc - although it's still not clear whether they're going to issue these to everyone in Feb, or at the time of reg renewal. From Feb 2011 to Feb 2016 the old 25+ age rule will apply, but after that the age will be lifted to 30+. The 5 year delay is to allow some grace to those people that might be building or restoring cars (fair enough....). In the very early stages of discussions over these proposed changes it was suggested that the age also be lifted by one year for each calendar year after the scheme's introduction - but that hasn't made into the new scheme as far as I can find out.......yet. It's worth noting that these are regulations, which don't require new legislation to implement but only the Ministers approval to Vicroads. So expect some 'fine tuning' in the future.
For those with modified cars thinking of using the new scheme, it might be harder or at least more expensive than you think. Word is that anything outside the street rod definition will require VASS inspection and sign-off before Vicroads will consider.
Anyway, I think the new scheme is a good thing....and I'll still be allowed to get my '89 GTR onto it (unless they change things again......).