JBV suggested I turn some comments into a question, so here goes.
Another question [1] asks about applications of QM computing. One answer [2] was "efficiently simulating quantum mechanics". Apparently this idea dates all the way back to Feynman's early writing on subject; although I dont have a reference. So:
Question. What is the proof that a quantum computer can efficiently simulate an arbitrary quantum mechanical system?
On one level this seems basic. However, this does not seem to be trivial for following reason: most quantum computing literature seems to reduce to operations on gates acting on two particles or other small subsystems. (Yes, Toffoli gates act on 3 inputs, but anyway are often reduced to two-qubit CNOT gates.)
There is surely no question, due to Turing completeness, that a quantum computer can simulate arbitrary classical or even quantum physics (although maybe there are some naysayers there due to the uncertainty principle etcetera — I would be curious to hear about that too). But it seems to me that to simulate arbitary quantum physics efficiently one at least needs a way to simulate arbitrary n-way interactions in mostly/nearly 2-way gates.
One could argue that we can build arbitary n-way gates, but the clear evidence after many years of experimental research is that even just 2-way gates are extremely hard to build, and that n-way gates would surely be much harder. (There are some 3-way quantum experiments, e.g. 3 particle bell inequalities, but they are difficult to build.)
[1] Real world applications of quantum computing (except for security)