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First, American Jews shouldn't be concerned, they don't live there.
As I understand it, Lieberman's proposal is for an exchange of territory, which makes complete sense. It wouldn't strip Arab citizens of their citizenship, though it would require moving if they live in one of the exchanged areas. They have a choice, they can move. And if they're in one of the unexchanged area, they're not impacted.
The attention should be on Jews in the West Bank who are in a different situation. Israel, the United States, and the Euros will be creating a state harsher than the Reich in the 1930s. As in Gaza, Jews will be required to leave. Or they'll be killed, the government of the new apartheid state being unwilling to protect them. Christians can stay, and look forward to the same future as Christians in Gaza.
A land swap makes perfect sense, though it would be unnecessary were we actually supporting the creation of a modern, humane, democratic state, in which case Jews could simply stay where they are.
Bibi is right that economic development is the key, mix in political development, and that it will be years, imo decades, before a state is really viable. Which won't prevent anyone for pressing for it earlier.
Exactly right!