There is nothing in the NPT which keeps us from building a Nuclear NPT out of existing Nukes. If you think there is, I would lie to see it.
I do not agree that doing so is necessarily "damaging", I do think it could send the wrong message... (Remember it was only a study, not actual production)
The whole point of this is that studying to see if a Nuclear Bunker Buster could be built out of existing warheads
is not anywhere near the same as IRAN building a Nuclear weapon (which is strictly forbidden by the NPT).
Some see evil in IRAN enriching Uranium, others seem to think it is okay and they are harmless because we are the bad guys (at least while Bush is in the W.H.)
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