For followers of Middle East politics - a careful optimism, or par for the course BS rhetoric?

Netanyahu recently (July 5–6, 2010) visited Obama at the White House. Besides the usual photo ops, they both made public speeches after their meetings, and even took a question each from the press.

I heard some things which have given me some cause for careful optimism.

Please read the transcript or watch the video (Youtube, et al – it was short – maybe 10 minutes including the questions) first as I don’t want this to evolve into either an Israel bashing, or BS rehash thread – but rather a discussion in light of these recent discussions and events. Example: Netanyahu said, and I quote: it is time for direct talks with (Palestinian Premier) Abbas – with Obama, and after the proximity talks (which were bullshit) – it’s time to sit down face to face to find a two State solution – for the benefit of Israelis and Palestinians’ security, independance and prosperity.