Though this wouldn't be the smartest thing to do given our worldwide lack of popularity right now, part of me wants to say to that whackjob in North Korea, "Hey, do you remember what happened in the past when a much less powerful country threatened a powerful country?" "Yeah, that's right, your country wasn't yours anymore, KIM Jong Il!"
Threatening your neighbors by sending missiles into the Sea of Japan and attempting to produce missiles that threaten us will not get us to the bargaining table, quite the opposite. I'd be tempted to give President Bush permission to pull a Crocodile Dundee on their asses by saying "No, this is a missile" and fly one armed with a non-nuclear warhead right into an unpopulated part of North Korea. And say, "There's more where that came from and they're aimed right at you."
Phew, now that's off my chest. Diplomacy is always the best way to proceed but their threats should not get them anything.
My wife will kill me when she reads this. Though I think she'd agree with its sentiment but not its implementation (nor do I), her son, my stepson is stationed in Korea right now and she's mighty nervous about that.
Some background info CIA.gov
North Korea KIM Jong Il KIM Bush Taepodong Kittaeryong Japan Sea