All this law will do is take more revenue out of the state and burden law abiding citizens. After 02/11 I imagine lots of people will be heading to Nevada and maybe Oregon for purchases. Unless it would also be illegal to own unregistered ammo? It also depends on how soon California officially declares bankrupcy and how desperate the state gets to collect revenue. If there's enough capital flight I imagine they may postpone the implimentation of the law somehow. I think state sovereignty issues will also be a major issue in the coming years so that could have an effect as well.