Not an issue here, tpaine. The issue here is a signed contractual agreement between parties. Exactly the sort of thing libertarians espouse in lieu of centralized governmental controls. If you contractually give up some property rights to an HOA in return for some perceived benefit, that is your choice. But don't weep and moan when the other party enforces the contract to your cost.
Nice clear post. This is not nanny state as some allege. It is a community of people who agree to abide by their self made rules. It is actually quite refreshing on a small scale.