Didn’t see it until just now on A&L Daily, but this is a fine fine article by Brian Klug, a symphony to my own humming from a week ago, though we’ve got the same tune in our head:

The alternatives are not black and white: either preserving the status quo or annihilation. There are a variety of constitutional arrangements in between. For example, Israel could continue to exist as a sovereign state but cease to define itself, in its basic laws and state institutions, as specifically Jewish. Or there is the so-called one-state solution: a binational homeland for Palestinians and Jews. The tragic impasse in the Israeli-Palestinian conflict has renewed interest in this proposal among some Arab and Jewish intellectuals. And although this view lacks a significant constituency in either community at present, attitudes may well change.