I say he's stalling.
When I saw the short (16sec) spot on CNN of the Sec-Gen of the UN saying the inspectors were going back into Iraq, I thought of another news picture from the late 30's.
You Know, the one with the Chamberlain, British Prime Minister,getting off a airplane holding up a piece of paper that Hitler signed and saying," It is peace in our time."
Sure, I buy what Saddam says.
EDIT:Sorry, I was typing when U posted!