1. You are a statist if assume anything at all needs to be regulated without great reason... [snip]
I wanted to like your post as I agree with everything you stated, except for the accusatory statement above. I get that there are many people that need to broadly categorize others in order to try to make sense of opinions and views of the uninformed, and I've done this myself on several occasions. I also understand that there's a big difference between the truly ignorant (uneducated in the topic) and the willfully ignorant (zealots and others with an alternate agenda), and it's often difficult to distinguish between the two. I'm not calling you out specifically, but rather just using your post as an example to attempt to make a point.
With that said, I'd like to pose a question: Wouldn't it be better stating an opposing opinion like "Assuming that anything needs to be regulated without sufficient reason leads to statist / fascist government.", rather than "You're a [insert category here] if you believe [insert specific condition here].". For me, the former makes the point of how politics are truly embedded in this issue, without broadly categorizing others for opposing opinions (uneducated or otherwise) on specific topics. I guess I could just be getting leery of scaring people away from the community who might otherwise be engaged, and also fueling in-fighting within the community as the pressure builds.
To the OP's question: No, vapor products should not be regulated like pharma cessation products. To do so would severely diminish innovation and competition in the market, and virtually eliminate the current and potential future public health benefits. A "light touch" regulation, such as quality standards for e-liquid components and clean room environments (similar to the food / supplement industry) might work, but that's not even close to what has been proposed by the FDA. I suggest you read the articles published by Clive Bates, Michael Siegel, Carl V. Phillips, and others who understand the benefits of vapor products and understand the impact of over-zealous regulation.