We might experience a trim UP, meaning a smarter, more efficient military. I doubt we'll be reduced in a large sense, due to world conditions and the legacy from the Bush years. His stirring of the pot of hate seeemed to heat up some already hot areas. We are spread very thin, and I believe Obama will be hesitant to increase our military by command, but most likely will by incentives.
I am in favor and agreement with our First Lady's intent to increase benefits to the military families, such as housing, medical aid, education, etc.
I believe Obama, is just strong enough and smart enough to do whatever it takes to protect our country. We must remember, that our borders being secure would provide a larger amount of security, something the Bush administration and other presidents have sorely neglected. Also, Obama is comitted to calming areas of discontent, which will help some.
We are surround by "boiling" waters, and it just makes sense to turn down the temperature, as well as secure our own country to a higher degree. Mexico, for example, must become a safer neighbor for the US.