I'm shocked at the nerve I seem to have hit here. I'm not trying to take your model rockets away here, but this is not a harmless device. I think many people here lack an intuition of how fast "360 mph" is or the kind of energies that are involved. This is getting into the speeds seen for muzzel velocities of handguns, and that engine weight a hell of a lot more than a bullet.
Dangers like that require more care than just "it looks safe to me". Where are the people guarding the range and warning off intruders? Where is the posted notification of the testing schedule?