The current ban will sunset. Bush-the-veto-less-wonder will sign a permament strengthened one after he is re-elected, and many here will make excuses for the betrayal. By that time tens of thousands will have been re-worked to pre-ban configuration. Eventually, those who want to keep and trade such will have to register them as in California. There will be massive non-compliance. A strengthened BATFE will increase harassment and prosecutions for technical and paperwork violations. The landing on the staircase to a socialist hell will be short and slick, before the descent continues. The NRA will claim victory as the resultant treason will have been watered down from something even more draconian. And the beards will have grown longer overnight.
Pretty likely scenario I think.
It's good to know you can see into the future. /sarcasm
Nope. President Bush has already said that while he would reauthorize existing gun control, that he wouldn't sign additional constraints into law.