Bill, you may be being too optimistic. The Saudis have advised Odamna not to do anything to hasten Mubarak's departure. The king of Saudi Arabia is a fairly close personal friend to good old Hosni, and the king has offered to replace any American foreign aid that may be taken away. That amounts to $1.6 billion/year, or as they say in Saudi Arabia, chump change. They know he's on his way out, but they don't want him to hurry. (That may be the greatest wisdom in this whole power play.)
The Muslim Brotherhood has stated that they do not support the establishment of a religious government, or theocracy in Egypt. But three important things need to be noted here: 1, according to the Q'ran it is perfectly alright to lie to infidels to advance the faith; 2, the MB has done everything in their power for years to undermine any democratic advances made by the Mubarak government; and 3, they are the extremists who recently bombed a Coptic Christian church, and who have historically beaten and killed Coptics whenever they get the chance. This is not the moderate group portrayed in the press.
Additionally, since Tunisia was able to overthrow their government, Jordan has faced similar problems, as have Algeria and even Saudi Arabia. When Egypt and Mubarak's government fall to this crop of demonstrators, that will add impetus to surrounding nations to toss off their harnesses. That will result in the kind of chaos we saw so many years ago in Iran when the Shaw was deposed. It also resulted in the Ayotollah taking charge--and we all know how well that worked out.
So, what I see is this... Egypt falls and establishes a theocratic government. Subsequently, Tunesia, Algeria, Libya, Saudi, Syria, Jordan and the Sudan become theocracies (no particular order there, but the speed of change will increase as each nation falls, and I expect it to be complete before the end of 2012). At that point, Israel will be the sole friendly in the entire Mid-East.
Now, without getting all spooky religious, this situation looks suspiciously like what the Book of Revelation talks about: you know, where the lion of Judea and eagle unite to fight the bear in the final battle.
At the very least, we and our Israeli friends are in for a very rough time. And the current resident of the WH is encouraging the players.
Keep supplies on hand and your powder dry. Tough times are coming.