The Israeli siege of Gaza devastated the Gaza economy and reduced most Gazans to pauperhood. The intended effect was to get the Gazans to overthrow Hamas. It didn't work. The unintended consequence was the "flotilla" problem, where many activists worldwide are bringing the Gaza economic situation to the world's attention. With the opening of the Rafah crossing by Egypt, Gazans will be able to come and go, but will not be able to import raw material and export their manufactured goods. As long as the Gaza economy suffers, Israel will suffer too. Of course, Israel will do nothing about it, and give everybody great reasons for this self-defeating decision. I hope the Flotilla fever will be reduced sufficiently by Egypt's action, but if the Gaza economy remains tough, the flotillas will keep coming.
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from the article: Opening of Rafah crossing spells end of Israel's blockade of Gaza