Well well well.. He answers those two exact questions (synthetic bacterial CO2 production efficiency and grey goo-ish/weaponisation risks) in person, in a pretty layman-clear presentation:
http://www.ted.com/index.php/talks/view/id/227And it looks like I guessed right, almost exactly.. I didn't expect to, considering i've always slept thru organic chemistry and never paid anywhere as much attention to botanics and animal/micro biology as much as engineering and neural sim/application oriented classes...
And btw, he doesn't look like an ego maniac at all. Even if he were... Fritz Zwicky certainly was more of one (calling people he thought stood in his way limp wristed eggheads or something like that) and that didn't stop him from making some very significant advances for astronomy. Do you remember his egomania?
But you do remember what his work discovered.
We now, from our discoveries from around the world, have about 20 million genes. And I'd like to think of these as the design components of the future. The electronics industry only had about a dozen or so components, and look at the diversity that came out of that.
We're limited, here, primarily by biological reality and our imagination.