Obama's stated position on Islam seems consistent with that of the "moderate" Muslim debaters in the video, who argued -- with more hope for a peaceful Islam in the future than understanding of what Islam is today -- that Islam is a peaceful religion.
Whether Obama is delusional or disingenuous, or a combination of the two, probably makes little difference. His foreign and domestic policies toward Islam seem to be based on His position as He articulates it. That is the problem with which we have to deal. I wish I knew how.
“I will stand with the Muslims should the political winds shift in an ugly direction.”
His own words seem perfectly clear to me.