Do you believe the Church and gospel of Jesus Christ have been restored through the Prophet Joseph Smith? Do you believe that [current Church President] is a prophet of God? What does this mean to you?
Implicit here is the Great Apostasy. So "the Church" is still teaching that all other Christian religions had apostatized from the 'true church' and a restoration was necessary. Most Americans will love to embrace "President" Romney, a man who believes most are marching to the wrong drum beat. Very inclusive, very tolerant.
What does it mean that TSM is a prophet of god? Through this oracle, what has god told him? What does it mean to be a prophet of god if god has nothing to say through that prophet? Is it now just a prefunctory position, merely a title?
Maybe the baptism interview ought to really press the baptism candidate to the wall--name three prophecies that god imparted through the Presidents of "the Church" in the last 20 years? (Oops, there'd be no baptisms then, would there?)