Not so much... As has been pointed out on this board before, ECIG is well positioned to handle any strenuous regulations and testing that would be required because of new regs. Other smaller mfgrs of vape juice would have a lot of trouble affording the costs, and would probably eliminate a good chunk of our competition. FIN's pre-filled V-tanks are especially well suited to regulations as it's coming sealed up from the factory, with no chance of anyone messing with the liquid's properties (stronger concentration, possibly dangerous chemicals, etc..).
I'm not typically in favor of gov't regulations, but in this case I think it's important, especially when its being sold as a health product (stop smoking aid).
The reason the regulation was not passed is because it doesn't make sense to hold ecigs to a higher regulatory standard than traditional cigarettes. I agree with that, but I think the better solution would be to increase regulations on traditional tobacco products instead of denying regulations on ecigs. Traditional cigs are after all much more dangerous to public health.