I think meal worms are already used in chicken feed and maybe even cattle feed. Insects might be a good source of high-quality protein to use as a food additive. Something you add to real meat, perhaps even at fairly high percentages (with proper disclosure of course,) to extend it in things like sausage and frozen fast food hamburger patties. USDA will probably just give it a cryptic number so companies can disclose it in the ingredient lists w/o people realizing what it is.
I'd rather we raise insects to make biofuels or feed them to food, instead of wasting corn which is perfectly good people food.