There is no question Israel under the wise leadership of Olmert, Livni and Barak will come out of this round having lost on many fronts. Militarily it can only kill indiscriminately Its insatiable blood thirst is being beamed live into homes around the globe further exposing its barbaric nature. Meanwhile politically, they risk losing historic gains they've made with their Arab allies. No doubt Israel's cooperation with the two Abdallahs, Hashem and Saud, will continue in a not so covert manner. However, the longer these massacres continue the more trouble the Arab dictators will have in openly push naturalization efforts. In 2006, we saw how Mubarak, the Sauds, and the Hashems panicked after Israel failed to finish off Hezbollah. They scurried with their damage control efforts by trying to outbid others in the process of erasing the traces of the crime they took part in. No doubt they will do the same in Gaza.
As for Israel's Palestinian collaborators, the war on Gaza should be the end of an already frail Abou Mazen. The charade called Annapolis has reached an unceremonious end, and the Israelis will have trouble finding another Palestinian "peace partner", willing to risk as much as Abbas.
The number of deaths has reached 310 in 48 hours...1400 injured...