(Updated Wednesday 10:30 AM) Amidst belligerent threats against Israel by the Hizbullah terror organization, Lebanon is scheduled to hold a lavish ceremony today to mark the opening of the Wazzani River water pumping station. Hizbullah leader Sheikh Hassan Nasrallah yesterday sent a warning to Israel that his forces are prepared to launch its missiles should Israel attempt to destroy the water-diversion facility. Yesterday, official Lebanese television featured pictures of the new station alongside images of Katusha rockets, which have been used over the year to target communities in northern Israel.