So, Israel Lost? 2

Amir Taheri explains why Hezbollah Didn't Win:

A claim of victory was Hezbollah's shield against criticism of a strategy that had led Lebanon into war without the knowledge of its government and people. Mr. Nasrallah alluded to this in television appearances, calling on those who criticized him for having triggered the war to shut up because "a great strategic victory" had been won.
The tactic worked for a day or two. However, it did not silence the critics, who have become louder in recent days. The leaders of the March 14 movement, which has a majority in the Lebanese Parliament and government, have demanded an investigation into the circumstances that led to the war, a roundabout way of accusing Hezbollah of having provoked the tragedy. Prime Minister Fuad Siniora has made it clear that he would not allow Hezbollah to continue as a state within the state.

This is something we asserted all along, but the Western Media must portray Iran and its proxies as a great power. Then when the shooting starts, they're ready to surrender.

Michael Young uses my analogy of the 73 Yom Kippur War as another so-called Arab victory in this post.