At the moment
The Dems are have a bit of a "moral crisis". They recognise that their moving too fast and too far on guns with the AWB cost them dearly. So they want to be cautious, and not push the gun issue, at least until they have firmly consolidated their hold on political power.
However, Feinstein, Schumer, Boxer, Pelosi, Lautenberg, Kennedy, etc. are in positions of power in the party, and getting them to hold back on their rabid anti-gun bias is difficult.
They want/need things to go well for them during the next year. They have a big stick by not being in the White House now. Everything that they don't like is Bush's fault, and by extension, Republicians in general. They have recovered control of the Legislature by sticking to this mantra. If they can keep it up, they hope it can get them the White House as well. The last thing they want is to piss off the gun owners iin this country like they did in 94. At least until after the '08 elections.
So, I would say, on a national level, they won't push much until after they know whether or not they will have the White House. After that (either way), look for the hammer to come down. Meanwhile, the big boys (and girls) in the party will support tightening any of the local/state laws they can, as long as it can be kept oput of the national spotlight.
These people act as if they truly believe any gun in the hands of anybody who isn't wearing a police or Govt. agency uniform is a threat to public safety. How sad they are such prisoners of their own fears. And how truly pathetic it is that we allow them to make us prisoners along side them.