Netanyahu is reluctant to agree to a Palestinian state before he knows what kind of state it will be. That elementary prudence should be shared by anyone who's been sentient the last three years. The Palestinians already have a state, an independent territory with not an Israeli settler or soldier living on it. It's called Gaza. And what is it? A terror base, Islamist in nature, Iranian-allied, militant and aggressive, that has fired more than 10,000 rockets and mortars at Israeli civilians.

If this is what a West Bank state is going to be, it would be madness for Israel or America or Jordan or Egypt or any other moderate Arab country to accept such a two-state solution. Which is why Netanyahu insists that the Palestinian Authority first build institutions -- social, economic and military -- to anchor a state that could actually carry out its responsibilities to keep the peace.

Apart from being reasonable, Netanyahu's two-state skepticism is beside the point. His predecessor, Ehud Olmert, worshiped at the shrine of a two-state solution. He made endless offers of a two-state peace to the Palestinian Authority -- and got nowhere.

Why? Because the Palestinians -- going back to the U.N. partition resolution of 1947 -- have never accepted the idea of living side by side with a Jewish state. Those like Palestinian President Mahmoud Abbas, who might want to entertain such a solution, have no authority to do it. And those like Hamas' Meshal, who have authority, have no intention of ever doing it.

Meshal's gambit to dress up perpetual war as a two-state peace is yet another iteration of the Palestinian rejectionist tragedy. In its previous incarnation, Arafat lulled Israel and the Clinton administration with talk of peace while he methodically prepared his people for war.

Arafat waited seven years to tear up his phony peace. Meshal's innovation? Ten -- then blood.