One thing that lots of people don't seem to notice is that the proposed European Constitution actually concentrates more power in a central government than the US Constitution. The only area where this treaty is weaker than the US Constitution is in foreign policy. That is to say, nations can still conduct their own foreign policy and sign treaties on their own.
It's silly to say a superstate won't result from this. Not that I'm saying that's a bad thing, but the people of Europe are being hoodwinked.
I think, Will, you are looking at this from a very different and non-European perspective (well, thats fairly obvious). The fact that it concentrates more power than the US to me bears no relevance at all. The US is not Europe. The European Union has never aimed to be a federal state like the US and as far as i'm concerned its unfair to compare the two in such a way. Nations still have control over foreign policy, immigration, taxes and numerous other pivotal issues. In the vast majority of countries Union membership is not written into any constitution meaning membership merely consists of a repealable act of parliament.
What i don't like is your tone as if the people of Europe are stupid and being 'fooled'- the depth of debate that has occured in France and the Netherlands is admirable and clearly two of the original members are not being 'hoodwinked' as they have (or are about to) voted no. What the constitution is bringing about is a full and intellectual discussion of the EU's direction and purpose- i don't see this as a murky path to some superstate in which millions of europeans suddenly wake up to find themselves in a United States of Europe.