What this view does, in essence, is to make God a cosmic plagarist - He has read the book, decided He likes it, and then has simply declared Himself to be the author. In the Arminian reality, however, He has had nothing to do with the production of the book. Those who will freely trust Him are actually the ones who wrote it. And yet God comes along to take the credit.
What a great summary of the problem I see with "free will" - that it takes from God's omnipotence. Who are we to limit God at all? And how can we say that "God is powerful in all but this most important matter; as far as He is concerned, He might have sent His son to die for no one at all, because we could have rejected Christ at any point"! I am humbled because I must say that not only did I not deserve grace, I didn't want it either, and He had to force it on me against my fallen will. For some reason He chose me, and I praise Him for that!