Shani,
As I understand it, the waiting period was just to do a complete background check. If you're going to do someone harm with the gun you can't buy right now, you'll probably still do harm in three days, or just steal a gun, buy one illegally, go find a knife or baseball bat...or a pointy rock...etc etc.
dksuddeth, I love your signature, mostly because I love the author.
The wikipedia editor in me says this thread is rife with neutral point-of-view violations