Bingo. Their change of heart had nothing to do with honor, and everything to do with greed. We'll use their bases, they'll double in size (and acquire some oil fields in the process).
Believe it or not, that's actually on the table.
Based upon Bush's "take them at their word" philosophy, Iraq is in a very weak position.
You see, when Iraq invaded Kuwait it declared that Kuwait was a legitimate provice of Iraq.
By that reasoning, Kuwait could be given complete control of Iraq after the next war. After all, Kuwait is Iraq, per Saddam Hussein and the Iraqi Parliament. By their own words Kuwait could be pointed to as the legitmate heir to lead Baghdad. Kuwait is Iraq. Iraq is Kuwait. With Kuwait on our side, an invasion of Iraq essentially amounts to a mere quelling of a rebellion and a return to legitimate rule, since such an invasion would unite Kuwait with Iraq.
Give the oil fields to Israel so that OPEC gets a Jewish member, and the rest of Iraq to Kuwait and Jordan.
They don't want land. Just a blind eye turned to directional drilling that taps Iraq's oil from wells drilled on Kuwait's side of the border. Reportedly this was one of the main reasons Saddam invaded.
-ccm