Air campaigns can be effective, just like any campaign, but the AF gets carried away when they believe that the air campaign can win in ANY situation. And there are some out there who DO believe that.

The AF has never really studied LIC/MOOTW at a higher formal level unless required by an outside agency. This goes back to the roots of AF doctrine (strategic bombing) and a reflex action on their part to attack anyone who disagrees with their basic belief system. In ways it's almost a hyper-religious reaction, and can be interesting to watch. But it does hamper them when it comes to considering situations that fall outside full-blown warfare.

Our current foes may have trouble dealing with air power, but it's also worth remembering that air power isn't their main objective.