From what i can see the only risk here is what the term 'demilitarised' means in terms of severity.
My guess is that even a P51 with .50cals which have been made non-firing would be classed as 'demilitarised'.
Looks to me as if this is an attempt to gain some control over the US's rather large private armies like those that live in the hills,refuse federal inspections and advocate violence toward other social or racial groups.I'd suggest you welcome the proposal unless you are happy to allow individuals or certain groups to build up what is, in effect, a reasonable fighting force which could threaten innocent civiliants or even government bodies.
As the world is well aware the generals concensus of US citizens is that they have a basic right to arm and defend themselves.Your constitution gives everyone the right to own a firearm? Im not sure but that is what ive gathered.Well you have to protect yourselves from those that take it that much further and arm themselves like a real army.
In the UK all military equiptment is demilitarised(no weapons usable).I dont see our government destroying old warbirds and I doubt yours will either.They like us are proud of our heritage, but they like us dont want to see some private army springing up in our midst.
seems like a sensible proposal if you ask me, unless you dont mind losing your freedom to terrorist/freedom fighters(LOL) who are essentially lunatics.

bohdi working in that industry maybe you are right and we should worry about that bill but look at history my friend and you will see that the numbers needed to present a significant threat to a government are a LOT smaller than you might imagine.
I know this is rediculous but lets just for a second imagine that the largest collector of military equiptment in america decided he supported Bin ladin and his group of fundamentalists and decides to use all of that equiptment to attack a an unsuspecting government or civilian target for the propaganda coup it would produce?.rediculous!, total fantasy!, who would be crazy enough to do that sort of thing? ...........well, after witnessing those images on the tv of the WTC attack I dont think I could rule out any possibility.
what if someone with a private collection of 30 decommissioned military vehicles decided to roll into your home town? who garentees your safety? who has garenteed these vehicles wont be able to fire shells (filled with biological agaents?) at your house?
scaremongering i grant you but after WTC disaster its time to rethink what is acceptable and what is the individuals rights and what is the populations rights.
when the individuals can threaten the majorities rights its time for some precautions.
[ 10-03-2001: Message edited by: hazed- ]