I beg to differ, Bungee Jumping should NOT be against the law because it is our fun past time, our hobby, our entertainment. For those extreme hobbies, There are always going to be freak accidents no matter how safe we try to make it to be. That is why they are trying to make the tools to be as safe as the best as they can. To make yourself safe from those, All you can do is to be aware and take precautions. It does not hurt to come in prepared because it could very well save your lives. There are alot of other different forms that are dangerous as well, For example, riding on a motorcycle and doing the Evel Knivel act is dangerous but yet, it is not against the law either.
It is our right to have our hobbies and when that is taken, Just imagine how would that feel? When that is taken away, I can imagine - It's not going to be a pretty sight.