Yeah, I don't think it will stop Israeli aggression on Lebanon. For as long as Hezbollah is remaining passive. Israel will be emboldened. There's nothing that Hezbollah is doing to suggest they're not afraid of confrontation. On contrary, they're showing reluctance.
Beirut is not Jerusalem. This importance should be given to Jerusalem. But I see they don't want be embarrassed by local Lebanese whom will throw a fit if airstrikes hit Beirut. Even though I believe Hezbollah is bluffing and wouldn't target Tel Aviv in response.
I also suspect Hezbollah, if it even does respond, will not do anything more than what we are used to. For Israeli's it's low intensity strikes but near daily occurrence is frustrating them. And also because they set September as a target date. Netanyahu chose to escalate with the strike on a three story building in Lebanon. Before his trip to the US. When he comes back and feels more emboldened, it will be worse. I guess we will just wait for his next move instead of taking initiative.