I understand and to be honest I think what we are looking at really will come down to Nicotine becoming very expensive or not available in concentrated form without a license.
Hardware as we know it will just become Taxed BIG time
The .gov folks are not going to pass up the cash cow they have in front of them..
Prepare the best you can now and ride the storm out but truthfully I don't think it is any more than a scare tactic now and taxed to the max in the end.
EDIT: Government funded studies cost money and big tobacco and big pharmaceutical reap the rewards /money and Big government is going to make us pay that bill thru TAX