It is also based on the idea that the mentally handicapped have chimp-like intelligence, which I don't know to be true but is implied by your comment.
I specified "people mentally handicapped to the point that they are equivalent to chimps." There's a lot of ways one can be mentally handicapped.
For the record, I'm a vegetarian. I measure morality based off median suffering/life satisfaction. Intelligence is only valuable insofar as it can improve those metrics, and certain kinds of intelligence probably result in a wider and deeper source of life satisfaction.
I don't think chimps contribute dramatically to universal flourishing, but I'm not sure that the average human does either. I think that it's best to have a rule "don't harm sentient creatures", but to occasionally turn a blind eye to certain actions that benefit us in the long term.
i.e. the guy who invented the smallpox vaccine did something horribly unethical, which we should not allow on a regular basis, especially not today when we have more options for testing. Occasionally, doing something like that is necessary for the greater good, but most people who think their actions are sufficiently "greater good" to break the rules are wrong, so we need to discourage it in general.
I think that it's best to have a rule "don't harm sentient creatures"
Unless they have it coming! I consider it unethical to not harm sentient creatures in certain circumstances.
The October 2011 Scientific American has an editorial from its board of editors called "Ban chimp testing", that says: "In our view, the time has come to end biomedical experimentation on chimpanzees... Chimps should be used only in studies of major diseases and only when there is no other option." Much of the knowledge described in Luke's recent post on the cognitive science of rationality would have been impossible to acquire under such a ban.
I encourage you to write to Scientific American in favor of chimp testing. Some points that I plan to make:
I also encourage you to adopt a tone of moral outrage. Rather than taking the usual apologetic "we're so sorry, but we have to do this awful things in the name of science" tone, get indignant at the editors who intend to harm uncountable numbers of innocent people. For advanced writers, get indignant not just about harm, but about lost potential, pointing out the ways that our knowledge about how brains work can make our lives better, not just save us from disease.
You can comment on this here, but comments are AFAIK not printed in later issues as letters to the editor. Actual letters, or at least email, probably have more impact. You can't submit a letter to the editor through the website, because letters are magically different from things submitted on a website.
ADDED: Many people responded by claiming that banning chimp experimentation occupies some moral high ground. That is logically impossible.
To behave morally, you have to do two things:
1. Figure out, inherit, or otherwise acquire a set of moral goals are - let's say, for example, to maximize the sum over all individuals i of all species s of ws*[pleasure(s,i)-pain(s,i)].
2. Act in a way directed by those moral goals.
If you really cared about the suffering of sentient beings, you would also care about the suffering of humans, and you would realize that there's a tradeoff between the suffering of those experimented on, and of those who benefit, which is different for every experiment. That's what a moral decision is—deciding how to make a tradeoff of help and harm. People who call for a ban on chimp testing are really demanding we forbid (other) people from making moral judgements and taking moral actions. There are a wide range of laws and positions that could be argued to be moral. But just saying "We are incapable of making moral decisions, so we will ban moral decision-making" is not one of them.