Yer kidding, right?
Victory, as defined by the Administration:
As the central front in the global war on terror, success in Iraq is an essential element in the long war against the ideology that breeds international terrorism. Unlike past wars, however, victory in Iraq will not come in the form of an enemy's surrender, or be signaled by a single particular event -- there will be no Battleship Missouri, no Appomattox. The ultimate victory will be achieved in stages, and we expect:
In the short term:
An Iraq that is making steady progress in fighting terrorists and neutralizing the insurgency, meeting political milestones; building democratic institutions; standing up robust security forces to gather intelligence, destroy terrorist networks, and maintain security; and tackling key economic reforms to lay the foundation for a sound economy.
In the medium term:
An Iraq that is in the lead defeating terrorists and insurgents and providing its own security, with a constitutional, elected government in place, providing an inspiring example to reformers in the region, and well on its way to achieving its economic potential.
In the longer term:
An Iraq that has defeated the terrorists and neutralized the insurgency.
An Iraq that is peaceful, united, stable, democratic, and secure, where Iraqis have the institutions and resources they need to govern themselves justly and provide security for their country.
An Iraq that is a partner in the global war on terror and the fight against the proliferation of weapons of mass destruction, integrated into the international community, an engine for regional economic growth, and proving the fruits of democratic governance to the region.
http://www.whitehouse.gov/infocus/iraq/iraq_strategy_nov2005.html#part1
Given these terms, I'd say we're getting verry close to achieving our short-term goals and are heading strongly towards our medium term goals.