As far as I’m concerned, Barry Rubin has got the situation in Egypt correctly pegged. He rightly notes that at this point almost any policy may turn out badly. Nonetheless, Rubin’s general approach is the best of the lot, in my view. Be warned. Rubin’s take is a minority position among both liberals and conservatives. I’ve already linked one of his pieces, and others have appeared in the blogosphere. But you can read all three of his recent contributions, beginning with the most important, here, here, and here.