Here's my reaction. On one hand, I can understand the outrage over the cartoons, as I have had the same feelings occasionally, being as I am a pretty strong Christian.
On the other hand though, I don't understand the violent reaction, especially against the Danish embassies. I could see maybe demonstrating or picketing the newspaper offices, but not breaking in and burning down buildings of embassies that really had nothing to do with publishing the cartoons.
In my opinion, I think this points out some fundamental flaws with Islam, one that is evident in the reaction against the embassies.
To my understanding, Islam is not just a religious system, it is a political system as well. It seeks to take over the government of nations and run them according to Islamic law. I think this is the reason they are reacting against the governments in this situation. They don't see the separation between the governments and the press, because of their religion.
Another flaw is the inherent violence of Islam. I know that there are moderate people in the Islamic world, actually probably the majority of the Islamic world. But the violence is inherent in the convert or die mentality handed down by Mohammed after his death. This leads to a violence that, if they are being completely true to the teachings of their faith, they cannot get rid of without totally changing their faith.
MHO