When government restricts Americans' choices, ostensibly for their own good, someone is going to profit from the paternalism.
Will points out some of the absurdities of the law. Nick at Hit and Run does as well, with a nice quote of outrage from Barney Frank! And Jacob has pointed to some analysis showing the new law may lose in court.
I think Will got his counting wrong though. Maybe others can come up with more, but I'd say:
Prohibition II is the war on drugs
Prohibiition III is the war on tobacco
I'd say the recent attacks on gambling are prohibition IV
Prohibition V?--fatty foods? Porn? one from the left and one from the right, however the election goes, we will likely see one of them gaining steam.