Prior purchase submitted for and approved are already GTG. it would be Future ones after the changes are enacted. Until it becomes "gospel" they cannot require the CLEO sign off on LLC / Trusts. Till then submit away.
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If I recall correctly, the ATF will do nothing with this until June of 2014, so if you ever wanted it, do it!
Also, dont forget you can submit you form electronically!
I forgot that the current version of the proposed rule only applies to transfers. I just hope that the transfers I currently have in the system get approved before they put the final version of this proposed regulation goes into effect.
It will also affect existing registered items if you wish to add someone new to the trust after the effective date of the rule change.