It's a normal food in many parts of the world.
Apart from that, you're right about it having a big "yuck" factor for most people. At the moment it's going to be brave early adopters, finding out what's nice, and what's got too much exoskeleton. (Chitinous legs stuck in your teeth is off-putting.)
Cereal volume 3 has a nice article about the various types of bugs and where they're eaten. (http://readcereal.com/magazine/)
I might be about to raise and eat insects, but my child definitely will. (Consider that children often eat bugs from the garden, and it's only the reaction from horrified parents that stops them doing it!)