Israel ready to launch attack on Iran?

According to Jason Koutsoukis, the Jerusalem-based correspondent for the Australian The Age (February 14, 2009):

A SENIOR Israeli diplomat has warned that Israel is ready to launch a military offensive against Iran to prevent it from developing nuclear weapons.

In an interview with The Age, Dan Gillerman, who was Israel's permanent representative at the United Nations from 2003 until last September, said time for diplomatic efforts to stop Iran acquiring a nuclear capability might have already expired. Mr Gillerman said:

The world cannot afford to live with a nuclear Iran, I hope diplomacy will work, but I'm not sure we have the time for diplomacy to work.

Global Research responds to this sabre rattling with this:

The truth is that, after witnessing Israeli war crimes in Lebanon and in the illegally occupied Palestinian territories, the world cannot afford to live with nuclear Israel. As opposed to Iran, Israel has secretly developed hundreds of nuclear warheads and delivery weapons outside of any supervision by international community. Iran continues to run its nuclear program in cooperation with the UN’s International Atomic Energy Agency (IAEA).

That seems quite reasonable to me. It further seems to me the prudent thing to do would be to label Israel a terrorist state.