I didn't see the Libya speech, but I read some excerpts. It sounded like he said we were going after Gaddafi. Good job! Clarity and a sense of purpose is a good thing.
Update: My bar was set pretty low. All I wanted was a little clarity on whether or not he was going after Gaddafi. Having read more of the speech and read more of the reactions, I can see that most of the flaws in the operation haven't changed, but that's what you'd have to expect from this guy. He's never going to be a great strategic thinker in anything.