Of course. That's why things are going so well in Iraq and why it took so little time to put Bin Laden away. The Chinese military is sitting in Beijing laughing its arse off at the ineptitude of US leadership.
The world is taking close note of what a few unorganized, under-equipped, poorly trained but highly motivated individuals can do to a military built on the back of half a trillion dollars a *year* in spending. They are doing to the US what their predecessors did to the Soviets in Afghanistan.
This is a disaster of the future of US security.
And mark the words - the US *will* cut and run from Iraq. Guaranteed.