But with lots of good ideas, implementation is the key, and so we need to keep our eye on the ball as we go forward and make sure that people honor their pledges in terms of financial commitments, and that we actually use this money so that it makes a real difference.
Everyone I have spoken with so far recognises the need for the IRA to respond positively and every has said sooner is better than later and I think there is some concern if it does continue to delay much longer that the situation isn't going to remain the same.
What we can do is to explain as clearly as possible what the benefits would be of him going down one path, and what the potential consequences would be if he chooses another path.
And it has to do with having no inventory or stockpiles on the shelf, but items arrive as you need to build your product. What that means is that it's much more difficult to actually find stockpiles of already built weapons.
The other countries did not share the same concern the United States had in the early '90's - that North Korea actually had an ongoing nuclear weapons program.
Again, I think we have much greater diplomatic weight by having all of us sit on the same side of the table wanting the same thing, and putting it to the North Koreans.
We need to do a lot more thinking about how the regime is going to evolve, how the bad guys are going to adapt their tactics, and what measures we're going to need in order to go forward.
The format's better because it gives us a much stronger hand to play when going to the North Koreans unified, with our allies and partners in the region, all of us saying the same thing: telling them their current course is unacceptable.
Now North Korea certainly is located in a different place geographically, but I think it faces the same type of strategic decision. Does it want a different future for its people?
So the president set out the policy guidance and said it had to take place in a multilateral fashion so that other countries in the region could be invested in the success of this process.
First of all we have to recognize that despite all the problems - and in some cases failures - that this regime has been much more successful, much more resilient, than people had anticipated.