A post-euphoric New York Times tells it like it is:

While administration officials maintain that the intelligence estimate does not mean that the United States and its allies should ease the pressure, the practical consequence of the report has been to embolden Iran. It has also made it more likely that China and Russia, two of the countries with perhaps the smallest appetite for sanctions against Iran, will not agree to a new round of tough sanctions by the United Nations Security Council.

A de-fanged Cheney means the world goes about its business. The world’s business is not to lie down prostrate, but rather to counterbalance U.S. global dominance.

Yay?