Essentially, the conclusions appear to be thus:
-Serotonin transporters are linked to mood. Nothing new or groundbreaking there.
-Serotonin transporters have distinguishable gene variants that appear to be common to semi-closed populations (conventionally and incorrectly called races). If this is new, it shouldn't come as a surprise to anyone in biology but just be confirmation of a phenomenon confirmed for all kinds of other genes already.
-Particular serotonin transporter gene variants are linked to particular types of self-reported mood. OK, now we're getting somewhere.
...and now the flaws...
1. I might take more notice if someone has effectively managed to create a standardized, non-relativistic scale for happiness across cultures.
2. Tying it to self-reported race is actually a better measure of culture than biology. Tsk tsk. SNPs, people, we have a godamn map of the things, use it.
3. Seriously, they're trying to extrapolate shaky correlative links to causative behavioural analysis? (Allelelic variant = collectivism?) Srsly?!
What I see (based on what's posted) is that a study found that some alleles of a particular serotonin-related gene appear to correlate reasonably with self-reported mood levels, all of which appear to correlate with genetic and/or cultural populations (which we have no way of knowing since they didn't bother to use the ****ing SNP map).
Mildly interesting, but nowhere near groundbreaking. As per usual where psychology and genetics mix, someone didn't think their methodology through. I'm hardly surprised, this is a field in which the likes of Rushton survive, so their work is not typically all that credible.