Hopefully common sense prevails on all sides.

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Yeah -- if they have a bit more common sense then we probably won't be down the path we are right now. Asking for common sense from these folks is like asking them to lay an egg. It won't happen. There is so much pressure to hold up their ego that once a path is taken, it will take a tremendous effort to reverse it. I don't see Russia backing down -- Georgia will have to declare some sort of concession.

For Georgia to declare some sort of concession would be a sign of defeat and a bruised ego for the Georgian rulers (local and American).
I guess I don't have much hope that the situation will be comprehensivly settled. Any short term concessions are likely to fester as a wound under a bandage would, eventually it gets ripped off in pain with alot of blood shed.