Iranian Missle launch-what does it mean?

[rotorgun]

On May 20th 2009 the Iranians successfully launched a medium range ballistic missile. I am surprised to find little or no comment among the backroom gang. What do you guys think that this missile launch portends?

1. An increase in international tensions?
2. A threat to the region?
3. A threat to Israel?
4. How should the world respond to this new capability?
5. Does this say something about the Iranian developing nuclear technology?

These are just some of the questions that come to mind. Perhaps it is an indicator that maybe there is something more to Iranian nuclear ambitions than just mere peaceful industrial uses. This, coming on the heels of a satellite launch in February, while celebrating the opening of a "space agency" seem rather ominous to those who expound that Iran means to become a nuclear player. I am not sure how the Obama administration is coming to grips with this, but there has been very little press about it. Curious indeed. What say you Orgahs?

PS: here is the BBC article: http://news.bbc.co.uk/2/hi/middle_east/8059104.stm