Well Believe it or not China actually makes most of it's Money in Europe at least E Liquid. Dekang for Example, arguably China's biggest e-liquid producers ships out more across Europe and a few select areas of the asian market (e-cigarettes are too expensive for most Chinese to purchase) than they do the states. The thing about China is they don't care what they sell, so long as it turns a profit. If electronic cigarettes were say completely banned, they' just drop shop, reorganize and start producing something else. I don't think it'd phase them all that much to be honest with you. The owners of these large companies have no issues taking their money, closing up the factory and moving onto the next thing. There are two guys at the top of Dekangs food chain and they're set for life.
@Bebop - If they can...maybe. But if regulation and the threat of fines outweighs the profit margins of producing advanced vaping gear, they'll do away with it. The same goes for all suppliers. While there are a few vendors that make some serious cash (a couple million gross per year) most vendors, I'd say a good chunk of them (I'm always chit chatting with vendors at conventions we attend, the last one in Arizona) make less than 10-15k a month. The thing is some of them still carry day jobs, if they're hit with a fine of say 50 or maybe 100k (pure speculation) it wouldn't take much to knock most of them out of business. Hell even the threat of a fine is enough for a few of these vendors to say "nope not worth it, it's be fun" The ones that have the big bucks will switch over to whatever the current regulatory requirements are. (I mean why not when most of your competition as been killed off by regulation. It's easy money at that point) In fact we all know if serious regulation does kick in? Most vendors will go away with the wind. It sucks because it's a win for a few and not for vapers. (This insane competition going on right now is great for buyers, it forces suppliers to get more creative, improve logistics etc all in an effort to compete. It's the way the free market works best)
The other question could be asked, if they were interested in advanced vaping why not market to that group now? Vuze, Blu, NJOY etc all pretty much stuck with the simple two piece units. I don't think personally they'll go the rough of catering to advanced vapers purely because of the liability that comes along with it. It wasn't long ago people were suing BT because cigarettes caused cancer. This year marked a high point for child poisoning by e-liquid in ER rooms. I'd be willing to bet with tanks and the likes being offered by BT that people would be happy to turn the finger on big tobacco and start suing. ("ugh my tank spilled, you should have made it safer etc etc...") Ironically creating the nanny market they probably once spoke against. They'll likely just avoid the hassle, especially given the fact their current model now which is a moderately safe method of delivery, makes them a ton of money.
As for underground vaping, you bet, it'll be around for quite some time. For example most members on this board will likely mix and home brew, in fact they'll probably use this forum to figure out how to do just that. (and at that point we'll do our best to keep the freedom of info flowing legally) but see the tricky part is getting the nicotine.
Right now there are a couple of ways to obtain nicotine. The most often used method is purchasing unflavored nicotine from a vendor here in the states or from China. (Sometimes the vendor here in the states does just that...orders from China) Once those seizures kick back in at the border (and boy do I remember those days) it'll be much harder to obtain Chinese unflavored nicotine base liquid or nicotine base from any country. (Philippines for example) I remember one year I lost so much stuff at the border I almost closed up shop. This alone would kill of quite a lot of vendors. Vapor Talk's prices used to be pretty sky high simply to cover the amount of product that was straight up destroyed in customs. (Vendors reading this who've been around for a while will remember the heart rates when checking their inbound tracking numbers. I wished I could share some of the ways we used to bring this stuff in lol)
Ok but we can get nicotine in the states right? Well right now it's not regulated all that well but you bet your *** if the FDA started knocking on the doors of companies like DOW stating you have to be licensed etc to purchase, it's going to be pretty hard to get what we all want. You can purchase Nic as a pesticide and break it down but eh.. you're starting to get into some gray area and you'd better hope the guy mixing your stuff knows what he's doing. But if they do succeed in clamping down on US companies distributing nicotine Then it doesn't matter how much hardware is available, what's the point? You're looking at shady dealings trying to get a hold of this stuff which honestly would shrink the DIY arena to a group of screw the government types that simply don't care. But I think the vast majority of users will simply give in and buy the regulated stuff.
Who knows though, the one thing I know about this country is that when American's are told they can't have something, they end up wanting it more purely as a middle finger to the government. But like anything else, it's risk reward. The greater the risk, the greater the penalty the more people will just say screw it and buy the crappy pre made cartridges or worse, go back to smoking.
It's still an interesting topic to talk about, something we're always chatting up at the office. The fact that we managed to get this far at all, honestly at times, is surprising. There was a time vaping was doomed, now it's likely just to be stifled a bit.