For Hezbollah, the first and overriding goal was surely survival - as it is for everyone, it's even the title of the IISS Journal - followed closely by survival as a force in Lebanese politics, survival of their capability to maintain their self-declared insecurity zone in northern Israel, and finally, inflicting casualties and costs on the Israelis in order to create a deterrent effect. In that light, the result of 2006 was surely just as good from their point of view as they made out - they came away still in the field, still firing rockets, and with their status in Lebanese politics enhanced.
For Israel, well, perhaps one day they'll work out what their strategic aims were.
Elkus argues that the tactical situation at the point when the UN ceasefire went into effect was favourable for Israel, and that had the war gone on they might have done better. This is possible. However, it's also very common for wars to end like this. The Israelis' campaign in 1967 was designed, once they got the upper hand, to get to the Canal and onto the Golan before the UN blew the whistle - one of Ariel Sharon's frequent blind-eye manoeuvres in 1973 was also intended to complete the encirclement of the Egyptian 3rd Army before the UN ceasefire went into effect. The Indian plan for the 1971 war was explicitly intended to take Dhaka before a ceasefire was imposed. More recently, the Russian operation in Georgia was subject to a similar deadline. International intervention is part of the environment, and only fools wouldn't take it into account as a planning assumption.
An interesting sidelight on this, also from Elkus, came up in a parallel blog debate about "network-centric warfare" - he pointed to this gung-ho but good piece about the action in northern Iraq in which John Simpson was blown up. What struck me about it, however, was more that it was an example of this kind of thing - which should certainly make you think about 2006, especially in the light of this.
Tangentially, Sean Lawson's essay on the history of "network centric warfare" is well worth reading, especially for the way so many US officials in 2001-2006 seem to have been competing to see who could validate all the most extreme stereotypes of themselves the fastest, and more broadly on the way a basically sensible idea can become a sort of gateway drug to really insane strategic fantasies.
Cebrowski talked of a “booming export market for…security” and warned those who would resist, “If you are fighting globalization, if you reject the rules, if you reject connectivity, you are probably going to be of interest to the United States Department of Defense” (Cebrowski, 2003c).
Measured against the sort of capabilities the NCW thinkers knew they had, and the kind of goals they dreamed on the basis of them, what possible results wouldn't look like failure? Compared with the enormous arrogance of this vision - they really did want everyone who thinks the CIA wants them dead, dead - what resistance wouldn't look like success?