In principle they have awesome potential. My only current concern is that currently one of the major applications is making crops more pesticide-resistant, which is leading to a huge increase in pesticide use with some potential for toxicity.
http://thelastpsychiatrist.com/2010/06/pesticides_and_fruit.html http://thelastpsychiatrist.com/2010/01/is_genetically_modified_food_s.html
I was raised to believe that genetically-modified foods are unhealthy to eat and bad for the environment, and given a variety of reasons for this, some of which I now recognize as blatantly false (e.g., human genetic code is isomorphic to fundamental physical law), and a few of which still seem sort of plausible.
Because of this history, I need to anchor my credence heavily downward from my sense of plausibility.
The major reasons I see to believe that GMOs are safe are:
The major reason I see to believe that GMOs are dangerous is:
So: green goo, yes or no?