Regulation is only good, if it protects the consumer. In New York you will find more people shifting operations to countries where they feel more welcomed. This is already happening :
https://www.cryptocoinsnews.com/eobot-bitcoin-mining-company-pulls-new-york-state-bitlicense/This is also why ShapeShift announced that it is suspending service to residents of New York State on account of the BitLicense regulation. So they are not just moving operations away from New York State, they are also denying services to New York State citizens due to this. Who are the people suffering? Not just the companies, but the average users of Bitcoin. ^Very Very Sad^
The only person laughing all the way to the bank is Lawsky and his new 'advisory' venture on BitLicense.