Joe notes that gun sales for 2010, so far, are only off a bit from 2009, when Obama took office. My guess is you have a lot of noobs in that crowd who bought their first gun, and are continuing to buy. Most people will never develop extensive collections, but every house ought to have a pistol, a shotgun, and a rifle.
Walking around the gun show this weekend, I was still hearing dealers explaining how the process worked. We’re still making new gun owners out there. I think this whole sales boom might continue until people start feeling better about the economy.