Omert is a politician first and a human second. While it is a slick move as it takes away the excuse of the Hizbullah, the Hizbullah will just come up with a different excuse. However Israel has now given strength to the idea that the land does not belong to Israel.
In reality, the land was Syrias not Lebanons before the war so Omert is offering something from party A to pay off party C.
Reality need not apply to politicians, but it does tend to bite you in the butt anyway.
Perhaps Omert should offer his million dollar house, It would be refreshing to see a politician offer his own home instead of his neighbors for a change.
Nobody cares if the Hizbullah has an excuse.
Olmerde is about as useful and confidence-inspiring as a screen porch on a submarine.