I don't see the big issue, in Norway Otto Jespersen burned the bible on national TV, and noone seemed to cry about it.
The americans won't care what muslims think because the burning of a book is not illigal (and obiously the burning of embassies is not a problem in many muslim countries). I probable will be hated (posting this post is a sure way to get hated), but well, start get more tollerant. Just like kids does whatever makes people angry at them (just for fun), people will do whatever pisses of people who get mad. Whatever thats jews, muslims, politicans or celebretis.
In Norway flag burning is also illigal. And we burned american flags just for the fun of it, but the americans didn't care much. So we stopped (again, if a kid try to piss someone off, and it don't work, he will stop).
@nevalope: If I buy a book, I should have the right to burn it since it's my own property, right?