Firn: I admittedly and unashamedly take a US-centric view in nearly all things. So I view the Ukraine conflict through that prism and it means for the US and US-Russian relations. Clearly the attempt to legitimize the new government in Kiev through elections failed since the populations in the east are clearly dispute the authority of the state. This is a fundamental question of self-determination - who is entitled to it, under what conditions, and to what extent? It's interesting that there was free talk about dismantling Yugoslavia and now Iraq as if it's the obvious solution but the West does not seem interested in the same discussion on Ukraine.
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