You have provided an insightful answer which reveals to me that the issues of WW1 and post WW1 conferences remain unresolved in 2012. The most interesting development is the re-emergence of Turkish influence in the Arab world and whether that will grow is difficult to predict. During WW1, the Ottoman Empire was on its last legs whereas modern Turkey of 2012 is engaging the Arab world.
In the writing of the Arab nationalism, Fathi Girgis mentions that the Saks-Picot agreement and the resulting division and the subsequent formation of political entities made by Britain and France, as they united religious minorities and nationalism in a state, resulted in the lack of harmony as in Syria and race.