"But what does it give the Israelis?"
The chance of peace. Im not dumb enough to say it will definitely lead to peace. It certainly wont come quickly. But if it does not happen, there will never be peace.
Chance of peace vs no chance of peace. Take your pick.
In what way does this offer a chance of peace? The Arabs have given up nothing. They are laying low now until the Jews move out then they will start killing people again.
I seriously want to now how you think this offers any chance for peace. It defies logic.