It's been a disaster all the way around.
He said he wanted to help the rebels, but then debated and waited to the point to where they were almost crushed. Then he goes in with some airstrikes which did help a bit, but has far from defeated the government's forces. While this is going on, the Europeans, who get most of the oil from Libya, have been completely worthless as far as a viable military force is concerned. On top of all that, we're not even sure if the rebels are firendly towards us or not.