Here are some more resources that you might want to check regarding these regulations:
GovTrack.us has information about the passage of the bill as well as a community-created Q&A page where people can submit questions and others will answer them – http://www.govtrack.us/congress/bill.xpd?bill=h110-4040 and http://www.govtrack.us/users/questions.xpd?topic=bill:h110-4040

The CPSC page itself has a lot of information about the regulations and the postponement of the testing requirements – http://www.cpsc.gov/ABOUT/Cpsia/cpsia.HTML

The CLA wrote to Congresswoman Mary Bono Mack and received a reply indicating she is going to request hearings be held on the issues surrounding implementation – http://www.cla-net.org/weblog/2009/02/letter_from_con.php. I didn’t think the letter was very thoughtful, but I’ll reserve judgment until I hear what happens.