As I said in the comments to this post, the Islamo-fascist terrorists we face in the world today merely use Israel as a convenient foil. If Israel were to disappear tomorrow, there wouldn't be instant peace in the world. Why, you ask? Because the destruction of Israel, something that won't happen, is not what they really want. What they really want is for all of us to convert to Islam. Osama himself told us this in one of his many messages to us from the beautiful highlands in Afghanistan and Pakistan.
Classical Values has an exceptionally insightful post on the subject.