So after reading a bit of recent information, looks like recent discoveries have gotten the needed knowledge for doing genetic engineering down to a "graduate" level of knowledge, ie an enterprising teenager could learn it in their spare time. For only a few thousand dollars in equipment and supplies, anyone with the knowledge can start doing experiments. Effectively, this is getting to where computer programming was when PCs were first introduced in the 1970s.
My question to everyone is--what would you do with this if you were willing to learn it?
I'm not entirely sure what I'd do. There was a prize posted by PETA for a way to create vat grown animal proteins. I forget what the reward was ($1M* US if I recall), but that could be interesting. I think some interesting combinations of fruits and vegetables and flavors could be interesting to play with. (I'm trying to be innocuous here to avoid the really dangerous stuff like human embryo manipulation, but feel free to throw that out there if you'd want to try.)
A bit of "light" background reading on it and the battle over the tech can be found in the recent issue of Wired (http://www.wired.com). More technical information can be found on Wikipedia to start: https://en.wikipedia.org/wiki/CRISPR. There's a ton of published work in Science and other peer-reviewed journals on it... nearing 1000 papers if I read the Wired article correctly.
edit: ok, read some old information, and it was only $1M, and I had posted $10. Oops. Although nobody won the prize, there are a few labs in with prototypes that are edible. I really don't care about the ethical crap, but all those animals do add to the burden of life on the planet, and if we can eat our meats without all that extra methane, I support it. (If only we could harvest all that methane.)