Not that he's as bad as Wolfowitz on the foreign policy front, but Robert Zoellick has never met a multilateral trading regime he didn't want to rip apart in order to keep the US at the center of his beloved hub 'n spokes arrangement. The World Bank hardly needs this guy leading it.
On the other hand, at least he won't be screwing up WTO negotiations by insisting on try to trade ludicrously extensive copyright and patent recognition in exchange for dubious access by agricultural exporters. And honestly, it's not like Bush is going to be nominating a progressive. He's probably the best choice consistent with Bush. I just wish that wasn't such a damning prospect.
Edit: What's with Kos trying to make this an Iraq thing? Appointing Zoellick ain't about Iraq. It's about Republican trade policy, which is not as immediately destructive but with even wider-ranging negative repercussions.