"Besides giving me the creeps, this cannot be good in the eyes of God."
Then your omnipotent god should have no problem thwarting this dastardly plan. Then again, he doesn't seem to be able to reign in Satan according to you people. Or prevent abortions, blasphemy, Islam or a myriad of other things an omnipotent god should have no trouble with. Strange that.
"Something tells me He'll put a stop to this sooner rather than later."
Something tells me it will be later (much, much later--like never) rather than sooner.
"To say that our God hates competition is to put it mildly."
Really? Why have we been allowed to modify the DNA of other species then? Why are we allowed to breed both plants and animals--often times drastically changing their appearance--to suit our needs or sense of aesthetics?
It's almost like your god doesn't give a damn. Or doesn't exist.
"There is only one God and one creator of life."
It doesn't look that way from where I'm sitting.
"They are playing w/ fire."
Possibly, but not for the reasons you seem to think.