There is no question that the capitulation of Libya is great news for the world (and Bush’s foreign policy), regardless of what talking heads from the Carnegie Endowment for International Peace say.
Steven den Beste has a good analysis of the relationship between our effort in Iraq and why Libya has capitulated. Those who argue that this is an example that twenty years of diplomavy and sanctions can work have it wrong, he argues. He elucidates the British role in all this, and he is probably correct. And he notes that more such "diplomatic" victories should come our way as a result of our work in Iraq. And, I can’t help noting with glee that the Weasels (old Europe) are gasping for air, as their authority continues to sink. William Safire agrees.