First, read Getting Georgia’s War On in The Nation, if just for the revelation that that Georgian Prime Minister Lado Gurgenidze made an “investment call” to bank managers and analysts.
The original offensive had been planned for some time.
Additionally, it appears that Russia was the first to call a Security Council meeting, but their proposal, which called for both sides to , “renounce the use of force”, was rejected by Georgia, the US, and the UK.
I think that the best historical analogy out there is care of Attaturk:
1836 to 1848
Georgia = Mexico
Russia = The United States
South Ossetia = Texas
It really is clear that the Ossetians hate the Georgians, and that the desire for independence is very real, though the ability is only because of Russian support.
Meanwhile, Russia is rolling east from South Ossetia, and west from Abkhazia, and they are demanding the disarming of troops along both borders.
Again, this is calling on the the Kosovo precedent, and I think is a sign that one of the goals of the Russians is the elimination of the Georgian army as a meaningful force.
Certainly their capture Georgia’s Senaki City and enterry into Zugdidi Town, roughly 40km in Georgia from the Abkhazian border seems to confirm this.
On the bright side, Dmitry Medvedev has stated that the military operation in South Ossetia is nearly over, which should indicate a reduction of optempo shortly.
You can read a summary of official Russian losses, and they seem very light, though the loss of the Tu-22, by which I assume they mean Tu-22M Backfire, not the earlier Blinder, has to to hurt.
Jed Lewison notes that top foreign policy adviser, Randy Scheunemann, is a paid lobbyist for a foreign government, the Republic of Georgia, he claims not to lobby for them any more, but his firm still gets fees from them, and that much of his lobbying were his highly successful efforts to turn McCain into an unthinking Georgia evangelist, though given McCain’s Russo-phobia, it probably took less than a golf game to do that.