What are the short, medium and long term implications of taking action in Lybia?

The 'no fly zone' over Libya and subsequent strategic bombings have raised many questions relating to the short, medium and long term implications of taking action. I think we all agree that a peaceful outcome is what is needed, but how can this be achieved when we have effectively taken sides with those uprising against Gadaffi. I understand that action had to be taken, but how can we now bring the crisis to a peaceful end?

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