I'm ambivalent about statehood as I see good and bad points to it but you should understand the potential consequences. If a recognized nation of Palestine co-exists with Israel then things are all good. If however Hamas or its derivative were to attack Israel then all bets are off as they have declared war. No amount of "but look at the history" will mitigate official acts of hostilities. That leaves Israel to determine the fate of Palestine. Their options range from simple retaliation to obliteration depending on the nature of the provoking attack.
There really do be dragons here.
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My point is simply, without a Palestinian State, the only possible expression of Palestinian energy has been in attacking the very Israeli State whole stole their rights and land in 1948.
But we have at least two or more new dragons, running around the mid-east. Because all over the mid-east region old line Arab dictators are losing all legitimacy. Because those dictators enriched only themselves, at the expense of not only their own people, but also retarded the development of their national economies.
Then we have a somewhat new dragon to confront, will the new rising mid-east democracies follow the policies and ideals of a Shia Iran of militant Islam , or will they follow more mainstream old line Sunni dominant but less aggressive policies? Its now a crucial question for the larger oil dependent world, as its somewhat apparent that only the Arabs themselves are making those decisions. And more over make them only on their own.
As the EU, the USA, have little control, especially since they too long gave Israeli policy, a blank check. As its the single Israeli irritant that unites all Arabs, and Israel has done everything to continue to earn Arab Hatreds.
But no one can predict how the new Arab uprising will play out or how far they will go. But one thing we can say that is almost certain, the old Israeli policies that worked at pacifying the old line Arab dictators are now as a dead as the dodo. And compared to the
Israeli dragon, the new transition Arab dragon promises to be become far larger. As Israeli is now at a new cross roads.
Israel can now choose to endorse and help develop a Palestinians State, and in that way maybe finally becomes a useful part of the new Mid-east, or Israeli can continue to try to hold onto to disputed territory until its far far beyond the US ability to save it.
As for the rest of the world, they have long ago written off Israeli arrogance as a world liability.
But the key is really Iran, as some see Israeli as a counter to Iran. But gradually there is a rising world consensus, aiding Israel only empowers Iran. And now a shell shocked Arab league has to decide if they will dope slap the Iranian proxy in Syria.
As for Israel, its really absurd to assume that a tiny nation like Israel will long be permitted to destabilize the entire mid-east. As now the Israeli dragon, has to make a choice, will they try to be a useful part of a new Mid-east, or try a to climb upon a new Massada, that did not work out well for Israel last time Israel tried it.
Its maybe a ancient Chinese curse, may you live in changing times, but at the same time smarter nations exploit change and gain, and the dumber one fight it and lose.