I respect your opinion and I won't argue whether the FDA is being biased in what research it looks at because I don't have the background to weigh the validity of the research presented. I also don't disagree that there may be undue influence from a lot of sources in government. However, I don't know why you think the FDA has handed the industry over to BT. All the proposed rules do is bring e-cigs within their jurisdiction, ask for more research, and apply the existing applications statutes to the industry. This is something that I would expect to see happen since it is required by statute.
Even though it may not be something great for us, I don't really see anything they are doing that is abnormal or particularly hostile.
The only research the FDA ever cites is it's own study in 2009, which consisted of an incredibly limited sample, and excluding the single instance of a cartridge containing a chemical that none of the others had, the data shows that while toxins were present they were at such low levels as to be unmeasurable. Of course, they don't say that, they just say that the toxins were found. We can ignore the scientific data for now though.
You are right in that all that the proposed regulations do is attempt to bring the vaping industry in line with current tobacco control policy. My opinion is that the current policy would all but kill the vaping industry. The tobacco companies can afford, and have mechanisms in place to spend thousands of man hours and millions of dollars to submit their product applications. Most of the vaping industry does not. They won't have to do anything to hand vaping over to BT, the application process will do it for them. Since vaping has an entirely different risk level, it deserves an entirely different regulatory process. I'm not saying vaping is risk free, but at this point in time it appears to be at least 90% less harmful than smoking.