Less hyperbolic than most commentary on the subject, The Economist sees an imbalance corrected:
For the past 90 years Turkey has in fact neglected the Arab lands of the former Ottoman empire and focused on the West.
Props also given to the "zero problems with the neighbours" policy, "masterminded by the foreign minister, Ahmet Davutoglu."
The fly in the ointment is Turkey's Iran policy, and the distance that creates with Israel (the flotilla fiasco was just a codifying show, I have argued). The Economist hopes for the best, whereas I think that Ankara is simply prepping the nuclear battlefield, convinced as it is of Iran's inevitably achievement.