"Global Zero" seeks to disarm all nuclear nations

Valerie Plame, famous for being outed when her husband criticized the GWB administration's Iraq War intelligence, has up a new piece on CNN.Com calling for a new initiative called "Global Zero" which would seek to push all nations to eliminate their nuclear weapons permanently. The idea is that as long as a single nuke is in the hands of a nation, it could fall into the hands of a nuclear terrorist.

http://www.cnn.com/2010/OPINION/04/08/plame.wilson.nuclear.danger/index.html?hpt=T2

There are two factors that quickly discredit any sort of "Global Zero" initiative:

1. It rewards cheaters. Whatever nation holds onto its nukes, when all others ditch theirs, suddenly is the only remaining nuclear power - able to dictate their terms at the point of a nuclear bayonet. Thus, every nation will want to cheat, if only as a deterrent to other cheaters.

2. It ignores advances in technology. Not long ago, publishing a book required an army of scribes. Now it can be done by anyone with a computer and printer. Not long ago, international communication was expensive and relegated to the rich. Now, anyone with a call phone can call any country in the world. Every year the costs of creating a nuclear weapon go down, and it is inevitable that eventually a nuke will be built in someone's garage. Reactors already have. Thus, disarmament does little to keep them out of the hands of terrorists.

Am I missing something here? I am eager to be proven wrong by other Mod-Bloggers.