It would seem that the War on Terror is getting the desired results:

Incidents of terrorism fell in 2003 to their lowest number since 1969, but the threat of attack remains high as Iraq becomes a focal point for extremists and Iran continues to be the chief sponsor of militant groups, the United States said.

The 190 terrorist attacks worldwide recorded by the State Department is eight fewer than in 2002 but a 45-percent decrease from the 346 strikes recorded in 2001, including the September 11 attacks on the United States.

And there was a sharp, nearly 58-percent drop in fatalities and a nearly 21-percent drop in injuries from attacks in 2002, according to the department's annual "Patterns of Global Terrorism" report. Terrorism killed 307 people, including 35 Americans, and wounded 1,593 in 2003, it said.

A 58% drop in fatalities is extremely significant. It is possible to debate either side of the hypothesis that U.S. and Allied involvement in Afghanistan and Iraq is creating more terrorists. These numbers indicate that at worst, the War on Terror is hindering the ability of terror organizations to destroy innocents.

The article did provide the following warning:

Despite the statistical drops, the report warned that unless nations continue to improve cooperation and build anti-terror capacity, the numbers are likely to rise again in coming years.

Three words: Stay the Course.