Somehow I doubt the genetic differences between Asians and Indo-Europeans are that drastic, rabidgopher04. For example, it's been shown that within two generations of immigration to the United States, the average height of people of Asian descent closely approximates that of the rest of the population.
I personally think genetics is implicated far more often than warranted as an etiological driver behind variations in human populations, particularly when it comes to disease prevalence, leading to a tendency to overlook the effects of lifestyle and even environment.
In other words, while there certainly are diseases and conditions that have an underlying genetic component, I think the fact that, for example, "cancer tends to run in families" has more to do with the fact that families tend to share similar lifestyles and living conditions than any genetic variants they happen to pass on.