SSSSSShhhhhhh. Th is kind of talk is not allowed here.
I guess we will not know until the next general election. Interviewing people on the streets isn't going to give one a true representation of the general public opinion. So far we've heard various opinions from people interviewed by Israeli reporters in Cairo, but the thing is that even the thousands that take the streets do not fully represent the public opinion of the largest Arab country. Who could tell what's the take of millions in rural Egypt on the bilateral issues?
No wonder people here are nervous, even though relations with Egypt have been anything but warm since the peace deal was struck in the 70's.
I'm not Egyptian, no obviously I can't pretend to know what they think...but If I were to take a guess, I'd say they could care less.
As you said, peace was made in the late 70s, it's been 30+ years, while the nations aren't bosom buddies, they aren't enemies either. Egypt is pretty secure with it's border, as is Israel as far as Egypt is concerned. The two don't really have any explosive issues to fight over, or any reasons to get away from the status quo.
I'd like to know why Israelis are nervous, as you've stated, and countless others, no arab nation can defeat Israel, not even a combined army. If such a scenario were to come to fruition, the western world would come down with an almighty beat down on the Arabs. So again not likely to happen....
Next we have the scenario that Arabs/Muslims love death more than life, so of course they could decide...the hell with winning, let's wipe Israel off the map, and get our 70 sexy virgins ASAP...well it's that's the situation, there's no defence for that, it would be mutual destruction. Again, almost no chance of happening....
So without being flippant about it(you live there, I don't) what are Israelis afraid of?