I could feel good (even though totally lied to) if I saw Iraq getting put back together in an effective manner.
Afghanistan is a much smaller problem, but it seems to have fallen off the end of a notoriously short Yank attention span and reports describe an increasing descent into chaos.
If they can't get Afghanistan straightened out, there ain't no point throwing away any money on bets they will succeed in Iraq.
I'll stick my neck out on a wild prediction:
After taking an unacceptable number of casualties in the Sunni area, the Yanks will cut their losses by pulling back to the Shi'a and Kurdish areas where they will set them up with the tanks and artillery to protect themselves and keep the Sunnis in check.
When: February 2005 after ???'s inauguration. No way W's doing it before then
The Turks will be so chuffed