My point was not that Israel was right about its possible extinction, it was that there were some grounds -- not realistic -- given the toxicity of the region. The willingness of Arab governments to recognise Israel's existence is worth about as much as Iran's statements about its nuclear plans.
I note that Ha'aretz published a poll today that showed that 1 out of 5 of the Jewish population of Israel (Arab Israelis not counted) were worried about a nuclear Iran. Hardly panic in the streets. It's all just to keep eyes off of the illegal settlements (also worth noting that in Netanyahu's speech today he still has nothing to say about the settlements).