Here's a piece by Patrick Cockburn, the conservative Cockburn who was an opponent of the Iraq invasion from the beginning and has spent considerable time reporting from Iraq for various British newspapers. He notes that while things are better in Baghdad compared to the really violent period in 2006. Iraqi Prime Minister Maliki, for example, visited an ice cream parlor recently to show how safe the neighborhood is. But before he made the little visit, a horde of soldiers, including colonels and generals, swept the neighnorhood and checked all the shops within proximity.
Thanks to the U.S. and its subsidies, the Sunnit now have armed, trained and "blooded" militias, to match those of the Shia and the Kurds. One may certainly hope the place stabilizes, but it's a long way from being a certainty. John McCain had better hope his prayers work.