Hrm.. you know, although I'm not usually one to argue the "it's all a clever ruse" when it comes to the belligerence of the Bush administration, this whole Bush meeting with Blair thing really does seem like a dog-and-pony show, doesn't it? It's very convenient that Blair is "calming down" Bush and supposedly pleading for more time.
It'd make sense for both of them too, politically. Blair needs to mollify the increasingly unhappy British populace and government, and there's no doubt that Bush needs to keep both his conservative base and neo-conservative pet punditry happy. This helps achieve both their goals, without really affecting anything important.
Still, as it would appear that Iraq may be listening to Blix's complaints, any retention of inspections is a good thing. Wagged dog or not.