If you followed and remember the details of the Oslo so-called Peace Process (most people either didn't or don't), you'll be familiar with Aaron Miller. From the Israeli perspective, he was one of the sterner figures in the American camp of negotiators.
He recently explained why peace won't happen anytime soon between Israel and the Palestinians. He claims neither side is ready; the Palestinians aren't capable of delivering (this seems his main point); and there's no Israeli leadership that could cut a deal.
I beg to differ on the third point. The pattern from Saadat onwards, including Netanyahu in 1996-9, has always been that when an Arab leader appears who is capable of delivering, his Israeli counterpart will rise to the challenge. Especially since the Israeli electorate will always back the move, and given we're such a pro-active electorate, that's the crucial consideration.
There is no scenario in which a Palestinian (or other Arab) leader makes a credible offer of peace and the Israeli electorate turns him down. But I don't see the opposite, either: no Israeli leader can make a real offer unless there's a real Palestinian (or other Arab) leader to make it too.