OK, these are subjective opinions, but this is how I see Bush's foreign policy grades so far:
Afghanistan: B+ (that little snafu in Tora Bora kept this from being an "A"
Iraq: C (this one might go up, if democracy holds
North Korea: D
Saudi Arabia: A- (the handholding picture with Prince Abdullah was a nonissue and libs should be ashamed. Bush has handled this country reasonably well).
Syria: A
Israel: D (Sharon is as bad as Arafat
Russia: C
The EU: A+++ (The one area where Bush has been consistently correct; we do not govern our country to international opinion).
Overall, I put George W. Bush at about a B-. He certainly could do better, but he's done better than some.
Again, just my opinion.