If you're allowed to clone anyone, would you?

Looks like we're on the brink of a new age. The age when humans can be custom-produced. I could get some DNA from Angelina Jolie and clone me my own private perfect prostitute. I could clone myself, so that each time I grew old I would get a child me whom I would reise as I saw fit.

These chains of thought scare me. I am afraid because I do not think that the world is ready for carte blance access to our genepool. There are still too many demons among men who will, as always, use this technology in the cruelest way possible. Plus, it could seriously deflate the value of human life.
But despite all this I can imagine the spiritual value of such research. It could provide us with many answers to questions posed long ago. The soul for instance. If we were to clone a human being, what would happen? The implications are vast...