Israel tried to set up a security zone in Southern Lebanon and spent 18 years occupying it, but they were defeated by Hezbollah.
It was Israel's Vietnam moment.
They faced the same humiliation in 2006. Actually the 2006 war was a much more severe blow to Israel's deterrence.
This is what they sell out to their media , in the whole Israel-Hezbollah conflict israel lost less than 200 soldiers during the occupation phase and that time israel did not have any intention of annexing southern lebanon and they withdraw as a result of having a liberal party ruling at that time unilaterally in hope of reaching a peace agreement with Syria which did not work out later on .
the 2006 war resulted in the destruction of southern lebanon infastructure and the death of over 1000 hezbollah militiant in addition hezbollah was forced not to fire a single bullet towards israel since that time , the same occured with hamas after the 2009 which forced hamas later on to suppress those who launch rocket attacks on israel.
Since 2006 war Israel has carried out more than 2000 flights over southern lebanon and now drilling for oil and gas just infront of southern lebanon coastal waters without any response from the other side.
Something else to remember back in 2006 Israel did not use lethal force with Hezbollah but that will not be the case in future wars anymore after what happened in Syria everyone in the middle east now has a free liscense to wipe out cities and towns containing militiants .
Israel foes are currently slaughtering each other in Syria including Hezbollah , any attack on Hezbollah in the meantime by Israel would threat Assad survival against even worse hardcore Islamists groups in Syria , currently both Islamists and Assad are doing the dirty work of destroying Syrian infastructure and splitting it into sectarian enclaves.
Its in israel best interests to keep fuelling the Syrian conflict for as long as possible as its destroying Syria's army , economy , infastructure and already caused a defacto partition hence Syria is now out of game for a few decades if it evers wakes up again from its coffin .
Israel today has the Iron Dome and many other similar air-defence systems to deal with Rockets and artelleries in addition to the future use of lethal force to eliminate rocket launching sites would be sufficient for it to go in and annex extra territory in the future.
with conservative hard-core zionists parties now taking over Israel political scene whom are willing to take some extra losses in return for annexing extra land they will no longer face any obstacle especially that Syria is now out of the game to act as a bridge for weapons supply , in any future conflict if the fragile syrian regime takes any role it will only be a good reason for the israelis to annex lands from Syria itself.