Great speech, especially for someone who is not a great speaker.
Even without "The Hug" it would have been considered a good speech. I think one of the best things about President Bush is that you really get the sense that he doesn't care how history will judge him, and he really doesn't care what his critics think of him. I think that most people who achieve great things, do so without consideration of how they will be perceived by their detractors.
I've noticed that the Bush administration only seems to really worry about public perception when it needs public support to achieve a goal. It's kind of a "make the right decision and then tell the public why it was the right decision " as opposed to "try and figure out the easiest sell to the public, compromise with the opposition, and end up with nothing."
Leading vs. Shepherding.