Oh yeah. Venezuela is not the country the US is most likely to invade. But from the point of view of Venezuela, the US (possibly via Colombia) likely is their most significant potential external threat. And the load of Kalashnikovs they're buying and the million-person army Chavez talks about would be aimed at enabling just that sort of mass guerrilla resistance you talk about.

Still, I suspect that all this militarist talk may well be more directed towards promoting internal pro-government feeling, and that's what concerns me just a little bit.