With the North Korean announcement that it now possesses nuclear weapons, (simply meant to intensify pressure on the US to formulate a coherent strategy vis-a-vis Pyongyang) world attention is focused on the issue of solving the nuclear crisis: finding a way to force, or induce, or make North Korea do away with its nuclear program and nuclear aspirations. Millions of words have been written about the methods and tactics best suited to tackle the issue, including the strategy of six-party talks. However, it is rarely mentioned that the nuclear issue can probably not be solved without addressing the deeper issue – the future of North Korea itself. Without a clear-cut strategy on this, all efforts to solve the nuclear issue are probably doomed, or worse, they could even pave the way for a military solution. So, what is preferable – collapse or transformation of the DPRK? And if transformation was to occur, would that help alleviate the tension and solve security problems? What should the world community do?