STL comments on Thoughts on the Singularity Institute (SI) - Less Wrong
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http://en.wikipedia.org/wiki/New_START
This stuff, as slow and grinding as it is, does make a difference.
There's no particular reason to believe this is going to make global thermonuclear war any less likely. Russia and United States aren't particularly likely to start a global thermonuclear warfare anytime soon, and in longer perspective any major developed country, if it wanted, could build nuclear arsenals sufficient to make a continent uninhabitable within a few years.
There's also this argument that mutually assured destruction was somehow stabilizing and preventing nuclear warfare - the only use of nuclear weapons so far happened when the other side had no way to retaliate. I'm quite neutral on this - I'm unwilling to say that nuclear arms reductions either increase or decrease risk of global war (which will eventually turn nuclear or otherwise very nasty).