His statement further explained that Iran's nuclear program is purely aimed at civilian nuclear power, and their advanced centrifuges and the discovery of 80% enriched Uranium by IAEA inspectors* was ignored.
English translation: Iran's nuclear program is farther along than most estimates, especially after their little deal with North Korea (and thus indirectly, Pakistan) to trade workspace for technology; they're not confident in having a bomb testable within a year, though, so they want to institute some medium- to long-term delays for the IAEA. (Rather than the more direct obstreprious stonewalling that they would use if they just wanted to keep the IAEA busy for a few more months)
But their technology is good, so expect to see Iran enter the nuclear club (barring unforeseen circumstances, which is a hell of a "barring") somtime between now and 2007. The ayatollahs would like that to be earlier, the reformers could work with either early or late. Iranian internal politics may have an order-1 effect on all of this.
Just remember, kids - nuclear weapons don't kill people, people kill people. Erm. With nuclear weapons.
