I am no expert on Pakistan's internal affairs, but I think that the military has a strong enough hold on things that Musharraf's death would just lead to the establishment of another general as leader.
If things were really unstable, I have no idea how the US might react. I'm sure that India would try to take advantage of the situation, but I think that the US has the sense to keep them out.
I think that the current instability in a nuclear state should be the US's (and the UN's) top foreign policy concern.
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