President Bush is one man and he can't be all things, to all people at the same time. The President can't please everyone. He isn't a confrontationist, but understands the immense power he wields as President and leader of the free world. In that regard, Bush is very "Reaganesque" in his pragmatic approach to leadership. Time and again, President Reagan was underestimated and it appears there are some folks who are making the same mistake with President Bush. They do so at their own risk.
Reagan never failed to understand the importance of clarity of purpose. He described the USSR as the 'evil empire' in 1983, when it was absolutely unfashionable to do so. He challenged Mr. Gorbachev to 'tear down this wall' and was ridiculed for it. IMHO, Mr. Bush hasn't yet shown that he fully appreciates the importance of that component of leadership.
I sincerely hope you are right about those of us who do not think highly of President Bush. I really hope we are underestimating him. But until he begins acting like Ronald Reagan, he is only George Bush II. He's been in office for nearly 2 years ... when do you think the transformation might take place?