Allow Events to share categories and Tags?

I had posed the question if it was possible for the Events+ plugin to share categories and tags as other custom post types do with regular posts.

The answer I had gotten was no, and it is not possible out of the box.
I understood that that it might require some coding, and I am no expert, no novice, but also not afraid to try.

What I found was you CAN!
in your functions.php, add the following code:

function wpa_categories_for_events(){
register_taxonomy_for_object_type( 'category', 'incsub_event' );
}
add_action( 'init', 'wpa_categories_for_events' );

function wpa_tags_for_events(){
register_taxonomy_for_object_type( 'post_tag', 'incsub_event' );
}
add_action( 'init', 'wpa_tags_for_events' );

My next objective is to hide and disable the tags and categories that come with Events+ out of the box, and will report back.