The problem is, now that Venezuela has operational missile bases, previous intelligence regarding North Korean ballistic missiles being shipped to the Chavez regime becomes relevant, especially with Chavez absent, and Cuba apparently in control of its foreign policy. One wonders whatever happened to those large shipping containers that arrived in Venezuela, from North Korea. Were there missile components, and other military hardware in those deliveries ? Who could better assist Venezuela, besides Iran, in developing an offensive missile capability.
The last thing Latin America needs is an arms race; it will send risk levels through the roof.