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saturn comments on Should I be afraid of GMOs? - Less Wrong Discussion
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I am more worried about the follow-on effects than GMOs per se, for instance when crops are modified to be immune to herbicide farmers will no longer have any incentive to moderate their usage.
The other side of this is farmers modifying plants so they don't have to use as much fertilizer, pesticides, or water. It seems those positive aspects dominate the externalities issue.
Have you read any studies on how much real-world usage of fertilizer, pesticides, and water goes down when a farm switches from a traditional crop to a GMO version of the same crop?