You're talking to the question, but the answer is even more conservative & scary than the question posed,
> are not conferred the IP rights required to practice and ship Thread technology,
Under this, it sounds like one isn't even allowed to dabble with Thread without $7.5k/year membership. You aren't allowed to practice is the words they respond with, which seems far more constraining than shipping.
Re-quoting the licensing agreement requires to download the spec,
> view, download, save, reproduce and use the Specification solely for your own internal purposes
> are not conferred the IP rights required to practice and ship Thread technology,
> Membership in Thread Group is necessary to implement, practice, and ship Thread technology and Thread Group specifications.
So yeah, actually it seems like even doing hobbyist things by yourself & telling no one is still far more than Thread group allows.
Fuck Thread! It's just so unbelievably shitty having the connected device technologies of our world be un-practiceable by mere mortals.