A lot will depend on how the upcoming elections play out in Egypt and Yemen. Will they happen or be endlessly postponed? Will they be relatively honest elections? (Feel free to ask for international observer support. We'd much rather send observers than F-18s.) Will the military step back from power, do their duty, and keep their hands off afterward? Will moderate secular parties arise to fill in the void between the corrupt ruling party and more religious groups like the Brotherhood? (Those revolutions were triggered through the new media, not from the old parties. That media can also be used to organize the new politics.) I think that Israel should be open to new opportunities with its neighbors. Granted that autocrats are predictable, you can cut private deals with them, they'll never have to face non-confidence motions in parliament, and it's useful to be able to despise them. On the other hand, in a working democracy, it's harder to shift to extremism or secretly fund terrorist groups.