As the Palestinians plan to make a bid for statehood at the United Nations next week, many Palestinians see it as a way to break years of deadlock with Israel.
The Israelis, meanwhile, see only diplomatic fallout and the potential for violence.
For Palestinians, the U.N. plan is loaded with symbolism. The central post office in the Palestinian city of Ramallah is issuing a series of commemorative stamps and postcards this month. For the first time, they will identify the country of origin as Palestine.