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Let's assume, for argument's sake, that tomorrow Iran announces it is prepared to enrich uranium in Russia, is willing to abide by all UN resolutions on its nuclear program and will permit IAEA supervision in all of its nuclear facilities.

While the Americans, Russians and Europeans would likely be thrilled at their apparent diplomatic success, Israel would be left with a decision - can it live with Iran as a threshold nuclear country?

While speculative, this scenario is not all that detached from reality.

On Monday, Russian Foreign Minister Sergey Lavrov announced that an agreement was in the works between Teheran and six world powers for Russia to enrich uranium for Iran.

The debate within Israel is whether such a deal is something the country can accept. Iran already has the know-how to manufacture a nuclear weapon. It has the long-range ballistic missile delivery system and is enriching uranium to produce the necessary fissionable material.