Am I the only one who sympathises with Iron Man's apparent position?

Is it so unreasonable for superheroes to be held accountable for their actions, and to have official oversight? Seems like a good idea to me. I mean, I trust MI5, the police and the army in broad terms, but that doesn't mean that I want them to run unchecked.

I'm sure it will turn out that the regulation people are evil, because Captain America's the good guy and it's his film, blah, blah, blah... So predictable.