Since the death of Arafat the optimism about change in the PA has definitely outpaced the reality. In another indication
of this, a new donor's conference is about to give the Palestinian Authority a financial package of $6-$8 billion over 4 years. This despite the continued maximalist demands of the Palestinians, and their leader's unwillingness to condemn acts of terror.
Once again, the world is back to the dynamics of the Oslo era - pressure Israel to make concessions while ignoring all the violations of the Palestinians. Why do people think that going back to something that produced a war 5 years ago will result in peace in the future?