Dave, interesting reading and by no means would I condone anyone doing anything illegal in their home of residence. Interestingly enough AZ has similar wording but doesn't seem to care much about cars 10 years and older. Here is what I found on a questions and answers section;

Q. Why are vehicles 10 years old and older exempted?
A. NHTSA says odometer fraud is not a major factor in the price of those automobiles, and is more common in newer vehicles.

So it's really about resale value and the perception of what John Q Public is buying/paying based on milage perception. In this hobby, I doubt anyone will think my car has 76k original miles or 0 miles when I'm finished.

Everyone who's responded has made great arguments for their belief, unfortunately I'm still unsure what I will do. Either way you can bet the cars original milage will not be lost.