People have a right to panic buy whatever they want.
The 3 most important things Obama stated is what I think we should all pay attention to. 1. Assault Weapons Ban 2. 10 round magazine limit 3. Banning of private sales without background checks
Even though he doesn't have the votes in the House now, that doesn't mean that he won't have it in 2014.
It's more than likely that the Democrats will gain back their majority in the House, and maybe their Super Majority in the Senate. Even without a Super Majority in the Senate, they still have enough Rinos to support all 3 initiatives.
If you care about your " Assault Weapons " and " High Capacity Mags ", I say people have a 2 year time span to stock up on as much of it as possible just in case.