Yes. Don't be fooled. The Bush Administration acknowledged that the country cannot be run like Texas when it agreed to have conversations with Iran. It only took them six years. As a national leader, you have to talk to people you hate. Freezing them out is ineffective.
But the Bush Administration is populated with people who don't change their minds and hate new ideas. So their thoughts from twenty years ago, namely, to invade Iraq and then Iran, are still driving their thinking and policy decisions.
It would be wise to watch the news reports and the rhetoric. Recently, an article appeared about Iranian problems with drug smugglers. It was a sympathetic article to Iran and likened their border issues with ours. The appearance of this article can be seen as a signal that the U.S. position towards Iran is open to cooperation. It would be a declaration of "common ground," if you will. The Bush Administration would be feeding the notion that Iran and the U.S. could unite in fighting narcotics trafficking.
How strong would that "common ground" be? Almost illusionary. Iran should not be baited into any conciliatory stance.
Don't be surprised if a sudden reversal of rhetoric occurs, painting Iran as an enemy of the U.S. One would be mistaken to think that any gains in understanding between the U.S. and Iran would preclude manic accusations from our President. That is not the case.
And when the President speaks, he is speaking to his political base. So the reassurance of "don't listen to what I say, watch what I do" would be hollow.