It will change something, but not enough. It will change the Theocrats view that Iran can be handled easily when they start taking too many blatant liberties. It will not change the overall power structure of Iran.
Also, I think both Britain and the U.S.A may be hoping too much, if we think that Iranian democracy will be pro-Western, many Iranians still remember their last democratic leader, and that he was ousted by a C.I.A-SIS coup and replaced with the brutal and idiotic Shah. A truly democratic leader would probabaly look alot like Mossadeq, rather than Karzai.
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