Some of the above posts are an accumulation political naivete not reflective of nat'l gun politics scene.
Whether a Demo gets in White House or not, the balance of power in Congress is, and will continue to be, generally tilted toward pro-gun side. This actually improved a bit in 2006 elections. This skew will be retained overall over the next several years regardless of election given the nature of districting.
HR1022 AW ban is a sop bill to appease certain factions of the Dem party, regardless of its chances of passage - it hasn't even made it past the first stages, it's just words on paper that got assigned a bill number, like thousands of other DOA bills. [Some of the more severe restrictions may in fact be 'bait' to be offered away in negotiation in a vague attempt to get back to the 94 ban, but that won't fly either given a fair fraction of Congress was routed in 1994- incl. Speaker Tom Foley.]
Vigilance is always required, of course. But stocking up on a certain item or items because a certain ill-defined proposed law that hasn't even gotten out of any committee yet is not the wisest thing. Buy AR mags because it's good to have a lot of 'em, not because someone thought of a law and made noises about it.
As above poster said, your best defense is not to buy more mags but ensure you're paid up w/NRA kick a check or two to NRA-ILA.
The fact that the HR2640 NICS Improvement Act only passed when NRA essentially rewrote it so that it could (1) actually be of some marginal use and (2) offer protections and allow restoration of rights goes to show we have some good throw weight in Congress. Furthermore, wobbly politicians in not-that-gun-friendly areas can use that to say "they're doing something about nuts with guns", and use it as political cover to vote against antigun bills like HR1022.
Frankly AW laws are more of a threat at state/local level - at least until Parker/Heller derivative cases can get traction.
THIS ELECTION, FOR GUNNIES, IS REALLY ONLY ABOUT CANDIDATES' PROSPECTIVE NOMINEES TO THE SUPREMES. In many ways, nothing else matters: we need to backfill follow-up cases (incorporation, etc.) subsequent to Parker/Heller - and it'd be real nice to have an 'originalist' majority in the Supremes helping us 'lock in' RKBA.
Bill Wiese
San Jose CA