Ah, but look at all the information it undoubtedly reveals, and realize that our guys and the Iraqi Governing Council have all this and more. Zarqawi has just given instructions how to kill him.
It's nothing but blood soaked propaganda.
Oh, on that sense I agree. This is a foolish thing to put on video; it's exactly what your enemy wants to find and study. Especially when the Iraqi security forces are slowly but surely increasing in skill, this type of thing goes from being bold and audacious to being reckless and overconfident.
It is representative of another trend, if you notice. The insurgents by and large are retreating. The bombings and killings are becoming more rare. The open conflict is becoming a string of kidnappings, beheadings, and media events.
To state another way, the insurgents are moving into a phase where the cannot continue a full scale insurgency, but they can simulate on through the media.
In that regard, tapes like this are necessary, because they SCARE people. The insurgents are well on their way out, but they won't go quietly. Thanks to the internet and Al Jazeera, they'll cling to the front pages long after they've be reduced to a broken band of stray criminals.