A rejection would prolong things and that means that the U.S. and the U.K. would have to stay in Iraq for quite some time. As long as the political process continues, there is light at the end of the tunnel.

The Unites States wants regime change. France doesn't want to see the regime fall for fear of chaos or civil war, and the Brits are not sure because they don't know what will follow.

There is plenty of good in there. But it's been quite watered down, and many things have been left to be decided later.