Yeah. What’s worse is sources are reporting (I’ll see if I can find a link in a second) that groups linked to bin Laden are involved with the protests and would be expected to attempt to take power if Mubarak was ousted, thus making Egypt anti-West/anti-Israel after quite a long time of the exact opposite stance.
So it’s almost catch-22 for Obama. If he supports Mubarak, he’ll be marked as support the oppression of Egyptian people, and if he supports the protesters and the wrong people come to power, then he’ll be marked as ousting a Western ally and creating another potential threat.
While I disapprove of Obama highly, it’s bad that even on decisions where it proves he does the right thing (or would eventually be proven), he will be hated even for that decision. But then, I suppose this catch-22 situation is unique on Obama, comes with the territory of being the US President.