I don't have a problem in general with re-introduction of wolves into areas where they used to populate, but I do have a problem with what it represents and how it is done.
If the wolves were reasonably managed and hunted to keep their populations in check, then it would be fine. In this case, however, it represents an advancing front by the tree-hugging anti-hunting groups. As a result, it will likely bring overpopulation of wolves, game management, and livestock issues.
Bottom line - let them come if they can be liberally hunted. Don't bring them back if they will be over protected.