Here is what Georgia has thrown away:

* any hope of ever incorporating South Ossetia

* the safety of the Georgians who live in South Ossetia

* any hope of joining NATO

* any hope that the Russians will leave South Ossetia

* much of the US population’s gratitude for helping us in Iraq

* much money that might have been invested in its own economic development instead of military defense during the next 20 years

* its own military confidence

* whatever good relations it had with Russia

It’s a total fiasco, without any redeedming value at all.