Hi Sari,
To play the devils advocate, we have been eating genetically modified foods and having genetically modified pets for thousands of years. We're simply using different means now. In the past if one plant/animal exhibited a trait we desired, we would find another with the same, similar, or an additional trait we would like, and mate them. Doing this, year after year for hundreds of years has produced the different breeds of dogs, ears of corn, and strawberry plants that bloom twice a year to mention a few.
To be 100% honest, I do not see any difference between the two from a moral standpoint. I do agree the way we are currently modifying animals and food allows us to change alot about the animals, more so then selective breeding was ever able to, but I don't think that changes anything in my eyes. Same consequences through different methods, and I'm all for it.