David Kurtz hits the nail on the head:

The Administration's most persistent spin of the new Iran NIE is that it vindicates their position because it shows that Iran did in fact have an active nuclear weapons program in 2003. That's quite some vindication.

What it really means is that faced with two neighbors in the spring of 2003 who both harbored nuclear ambitions, we invaded the country without an active WMD program while ignoring the one that did. I'm not suggesting we should have invaded Iran instead, but by the Administration's own reckoning, we should have.

It puts an exclamation point on the colossal folly of our Iraq adventure.

Will anyone in the MSM or any of the big pundits out there be willing to raise this point? It should be echoed in the homes of every single American.