Two of which relevant parties, by the way, just happen to be the dictatorships [By any other name] of Egypt and of the "4,000 years old Hashemite 'kingdom' of Jordan" the limeys fantasized into existence eighty odd years ago.
I interpreted that to mean that both Israel and the Palestinian refugees would hold their existing positions until the issue of the Palestinian refugees could be resolved.
However, Israel began to build settlements in the occupied lands before any resolution for the Palestinian refugees had been reached. The Palestinian refugees had very little recourse when Resolution 242 was not enforced.
There can be benefit in examining the time line for various events in order to gain perspective.
Compare the beginning of the construction of Israeli settlements in the occupied land to the increase in suicide bombing. The entire world turned their back on the plight of a few Palestinians by not enforcing Resolution 242. What possible actions could the Palestinians take? Who has not heard Zapatas famous quote "It is better to die on your feet, than to live a lifetime on your knees". How many years need pass after Resolution 242 in 1967 to qualify as a lifetime on ones knees?
Winston Churchill had to advise the British that you may come to the moment when you will have to fight with all odds against you and only a precarious chance of survival. There may be even a worse fate. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves."
What would you do?