The "or else" doesn't have to include battle plans... but it does need to exist. The carrot needs to have a stick handy.
Many here have stated that Arafat and the Jihadists are less interested in a Palestinian state than in eliminating the Israelis from their part of the world. Since the speech was dangling the Pallie state in front of them, is it so unlikely for them to simply say, "So what? That's not what we really want anyway!" If/when they do say that, and continue the bus bombings killing a few dozen more schoolchildren, what will we do? Apparently nothing (other than restraining the Israelis), since nothing was mentioned.
Given the U.S. track record, it might be too much to hope for, but the references to Syria might be a real warning.
Since the Saudis and Egyptians have used their state-run media to support terrorism, and the Saudis openly fund both Hamas and suicide bombers, I'm interested in seeing where the warning in this speech leads, or if the Saudis continue to enjoy exempt status, in spite of the evidence.
It's promising, but we've seen a lot of promises evaporate lately, so we will have to wait and see.
Oh but there is a carrot... it's going to be Iraq. And Iraq will be the example of what's to come for those who side with terrorism.