The end of a myth?

Charles Krauthammer tries to place the capture of Saddam in its historical context. He writes, “Saddam’s destiny is important because he was the last and the greatest of [the] pan-Arab pretenders,” who “appealed to the greater glory of the Arab nation and promised a great restoration.” Krauthammer believes that Saddam’s exposure as a “pathetic coward” “shatters the grotesque fantasy that Arab greatness is to be built upon blood, power and cruelty.”
My sense, however, is that this fantasy is far from having run its course or from exacting its full price.