Health specialist Matt has resurfaced (in comments) and pointed out that we have averted a crisis in unnaturally elevated expectations. We have delayed Peak Ponies for awhile, at least.
The administration's dreams of a Myraq start to look more and more bleak. First, their "coalition of the willing" went splitsville, and now we may see the same for the "coalition of the inner circle". Take a look at this oldie-but-goodie ShockWave animation: George Double-Yooh and the Oil Tree (Courtesy of Air America Radio's Morning Sedition show).