What other measure would you guys suggest to meet existing legal requirements? Trying to convince lawmakers that bitcoin should be anonymously traded is an absolute non-starter. If that is the foundation's opinion then bitcoin may be declared illegal and the tracking of coins will move to law enforcement. So, what are our other options?
NOTHING. Mikes Proposed change is unacceptable.
There is the option to do nothing.
The next update to the reference client could be done by a group from Asia, or Russia, it does not have to be done by the current devs.
If US law makers and enforcement wish to do something then let them, and when they and their partners finally understand the concept of a de-centralised global currency then they might realise that the rest of the world will continue without them.
EDIT: Pandora's Box has been opened, Good Luck with shutting it.