If the only criterium is "good for Israel" Netanyahu is addressing the wrong point. More relevant is what is "fair and just.". There is stil some US-Israel play in which the goal of negtiations is maximising Israeli advantages (at the cost of Pals). That is far from real peace which can only come from a "just and fair" solution to the conflict. Both Obama and Netanyahu are acting wrongly by total neglect of that point, showing contempt for international law.
IDF reservist, 44, dies of heart attack during training (Haaretz)
from the article: Netanyahu: No settlement freeze vote without U.S. offer in writing