I bet we get a superhero out of it. Mosquitoman!! He just flies around an annoys the bejesus out of badguys....
Soon enough they will be creating new species of animals, designer babies, and then we'll be fighting off terminators. I don't really know what I truly think about it but I'm not a big fan of the FDA, or most government programs for that matter so I doubt the benefits will outweigh the negatives. I would like to know their plan if they do more harm than good.