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~~~^~~~ said:OK - I've done this for 22 years. I'm not sure I understand your point. Yes, you have wrecked an airplane, you were PIC.
Lownslo is correct that many in the FAA have been using $25K as a standard rule of thumb, but I know of no written guidance that stipulates that anything less than $25K is an "incident." It really does not matter unless your pride is really wrapped up in the semantics of the nomenclature. You should answer any questions posed to you in the future honestly.
More than a few CFI's have bent airplanes. What did you learn from it? Just don't blame the student - there is a reason they have you on the airplane.
If you file an appeal - at least the IIC will get a good laugh. NTSB investigations are not admissible in any subsequent proceeding so it would be hard for you to say that you were "harmed" by an error made by the NTSB.
If you call AOPA, they will try to sell you their legal services plan. However, you are not under an enforcement action, so the plan they sell would not typically provide coverage.
The American Bonanza Society a T-34 owner's group and several Beech / Raytheon engineers have been trying to get an NTSB report changed for about 10 years now. They probably have over $1,000,000.00 in the project with marginal success. I think you need more than luck, you need naked pictures of Norman Mineta, or you just need to get over it and let the NTSB IIC do their job.