The points I'd seen in it are all fair and justified , much along the lines of "don't invest more than you can afford to lose" and "practice good security" along with "if you lose everything don't come crying to us". Some of the press are trying to turn it into a horror story but most seem fair in the report and the examples they use.
Agreed, I am not saying that I think it is impossible or even unlikely that authorities will clamp down on bitcoin in the future, but so far all the warnings seem sensible and understandable. Don't forget that there are a lot of stupid people out there who are extremely bad at assessing risks, and bitcoin is definitely risky...