Magnificently sane.
In a few more words, Obama's address, grounded in a mature appreciation of our limits, called for multilateralism--diplomatically whenever possible, militarily if inescapable; it called, given al Qaeda's fragmentation and dispersal, for global "partners" to suppress it; and, in a direct shot at his Republican critics, it called for a world-involved America that leads by example at home--not through climate-change denialism, or unratified treaties, or the obscenities of a Gitmo that the propagandists and paranoids won't close.
The president's most searing assault on his neocon critics came, however, in his observation that rushing into military interventions "without thinking through the consequences" is hugely consequential. Such is the legacy of the 21st century's neoconservatism: a raging, mindless enthusiasm for firepower, which served only to drain our resources--human as well as fiscal--and our potential as a responsible world leader.
Because Obama's speech was so magnificently sane, let the carping and slander begin.