Today, late 2007, a similar appeasement conference is being held. Israeli territory is the sacrificial lamb, this time to an IslamoNazi enemy, who would love to finish the Shoah, one large section of Israel after the other.
Actions of the current, crooked collection of controlling Israeli Kadima & Labour Party sell-outs seem ever determined to make the IslamoNazi enemy's goal of destroying Israel - much easier. So which area of Israel is first on the Annapolis Appeasement List? Samaria, Judea, the Golan, or Israel's capital city, Jerusalem?
At a bare minimum, I would expect at least some of those areas (probably the Golan Heights would be first) to become some sort of “neutral” territory with an uncertain legal status that would likely be formally adopted as a U.N. protectorate of some sort.