Yeah (assuming the story released is correct) the parents should be torn to shreds for allowing their kid to run around with a gun that looks exactly like a real gun. Though to be fair I used to have a few cap guns that looked pretty dang close to police issue revolvers. That was back in the day though when police officers would drive by the neighborhoods and give all us kids football cards because they were part of the community. They also didnt dress like they were going to war...and I never would have pulled it out around a cop...
The manufacturer should get lots of grief over this as well. Pellet guns dont need to look like real guns. I had a pellet gun when I was a kid and it could have MAYBE resembled an old WW2 era German handgun but not really. It was obviously not a real gun. There should be a law about stuff like this.