A New Direction for the Palestinians?

The election for Palestinian leader resulted in the election of Abbas. Is Abbas a strong leader who will make the necessary concessions and institute changes that will allow the creation of a Palestinian state? Let's consult the Magic Eightball...and it says: Outcome does not look good:

In his acceptance speech, Abbas said he faces a difficult mission, but he reiterated that he would not go after militants. Instead, he said, he wants to "give our fugitives a life of dignity," referring to those wanted by Israel.
"I present this victory to the soul of Yasser Arafat and present it to our people and to our martyrs," Abbas added.
After exit polls predicted a sweeping Abbas victory, cheering supporters took to the streets of the West Bank and Gaza late Sunday. Gunmen fired in the air, motorists honked horns and members of Abbas' ruling Fatah movement, wearing checkered black-and-white headbands, danced in the streets.

The man actually said in his acceptance speech that he he wants to "give our fugitives a life of dignity," think about that for a minute.