Yes Obama leaning on Mubarak to step down certainly has brought dividends - for America's enemies.
For over thirty years, ever since Iran's Islamic revolution in 1979, Egypt has cut all ties with Iran.
That has been an important part of America's Middle East strategy, with Egypt as one of the leaders of the Arab World along with the Saudis and a cornerstone of the Arab versus Persian, Sunni versus Shia balance in the region. No more.
Egypt's Foreign Minister Nabil el-Arabi said today that Egypt is ready to “open a new page” with Iran.
“The Egyptian government doesn’t consider Iran to be an enemy state,” MENA cited el-Arabi as saying. “We’re opening a new page with all countries, including Iran.”
The Iranians already have an alliance with Omar al-Bashri's Sudan as well as bases there. Egypt will just be one more stepping stone, especially when the Egyptians turn a blind eye to Iran's arming of Hamas via Sudan.
That has implications for NATO's soft underbelly in the Mediterranean as well as for Israel.