[Bob434]

[[but we would still have almost 400 million guns.]]

Which they will make illegal the moment a smart gun law goes into effect- There likely won’t be door to door confiscation, but anyone owning a ‘dumb gun’ after the law is passed will be deemed a felon if police find such a gun on them or in home or whatever when police are investigating other crimes or pull someone over-

Smart gun manufacturers will then be required to create the software that requires that the gun be examined say monthly for compliance, and for software effectiveness- or to be calibrated at gun owner’s expense every month or so- Anyone not complying will be found in contempt of law-

[Blue Jays]

"...There likely won’t be door to door confiscation, but anyone owning a ‘dumb gun’ after the law is passed will be deemed a felon if police find such a gun on them or in home or whatever when police are investigating other crimes or pull someone over..."

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Exactly correct. There will never be the big confiscation project about which many FReepers speak about.
Gungrabbers will just keep making ownership expensive, tedious, legally-risky, burdensome, and will pit family member versus family member.
They know that time and money is on their side.