If Saddam Hussein wants long-term acceptance from the West he should do what China did and throw a truckload of money at the IOC. Just like they did with Beijing the entire world will forget the atrocities and human rights violations committed by the regime if an above board and not all corrupt* organisation like the Olympic committee legitimise you.
Sounds a bit like the whole Mugabe/Zimbabwe thing doesn't it? And yet I don't hear anyone saying we should be boycotting the 2008 Summer Olympics. Could this have anything to do with the the left not wanting to shaft their buddies and the right not wanting to jeopardise lucrative contracts? Isn't it lucky that Zimbabwe isn't one of our major trading partners or you might still be under the impression that the Mugabe regime are quite nice but misunderstood people.
Personally i'm waiting for Tibet to be turned into a Bobsled track in time for our great friends to host the 2014 Winter Games.
You might guess that i'm in favour of a 2008 boycott, even if nobody else in the world is.
* Cough, cough.