If you do not do either, your entry is just a static single DB entry and this surely is not something you want to bill, or the absurdity levels rise to insanity here.
The waived setup fee is fair as there is no /22 provided either, so i see no reason to pay full - this was also an incentive to get legacy owners to sign up for RIPE.
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William Weber
Consulting, Security & Management - Tel-Aviv, Israel / Rijeka, Croatia
https://ip6.im - No RIPE LIR? Still read this email for some reason? Grab a /40 *free* IPv6 space for BGP usage. Or just get it anyway, can't hurt to have.