So who should be really worried about what happened in Israel and the Gaza Strip over the last week? ... Iran.
They supplied the rockets that were used and Israel's Iron Dome anti-rocket system worked very effectively. So they can no longer shout that they'll eradicate Israel in a hail of fire. What a bummer for the Ayatollah's, I guess.
But politically it's put Iran in a very difficult position. As the weapons supplier to Hamas - and Hezbollah - I'm guessing they figured that stirring up trouble might help. Hamas leadership spotted an opportunity to emerge from any conflict all the stronger - especially after Israeli Prime Minister Netanyahu's strategic blunder with that Turkish ship carrying building supplies into Gaza. (I simply cannot see how anyone could think attacking that ship could have been a "good idea", and when Israeli Special Forces went in guns blazing - it turned from "a bad idea" to "a fucking disaster".) I don't think Hamas would have launched its attacks without the explicit permission and encouragement of Tehran's Ayatollahs.
All in all, we have a mafia-inspired gang trying to be a government, fighting with smaller mob bosses for power, all encouraged by a bunch of strategic, blundering amateurs in Tehran. They all figured it was a good idea to take on a belligerent Prime Minister who has the region's most powerful military available and somehow they'll also tweak the nose of the Great Satan. Instead a lot of people got killed in Gaza, Hamas proved it's at the beck and call of a far-off government, Israel proved it was capable of restrained warfare, America quietly worked with Tony Blair (who might be unpopular, but he's still the man with the most packed Rolodex) and the illusion of progress was made. And President Morsi of Egypt emerged as the man who can make things happen. To make that progress real, Egypt has to step up to the plate and stay there, Israel has to loosen its iron fist over Gaza and Hamas has to figure out how to become a proper government and not a bunch of thugs with rockets and chips on their shoulders. In other words, all sides will have to start behaving as if they want peace. Not much to ask for, is it?