I'll listen to the audio files a little later so I can get more insight into this. But I think it should be noted that Chavez's election to the seat of presidency gave a big boost to the Bolivarian movement not just in Venezuela, but in South America overall. And, last time I checked, democratically electing leaders speaks more to the "Reformist" camp than it does to the "Revolutionist" one.
So long as the Bolivarians and the liberal parties there can retain their power after Chavez's term is over, I feel that the need for a Revolution will be greatly diminished. Especially in South America; the area is becoming much more sympathetic to Socialist tendencies.
This isn't to say that Revolution can't work elsewhere, nor that it shouldn't be tried elsewhere, despite the fact that my personal feelings tend to lean away from that idea. However, I feel that South America's shift to Socialism is already in motion, and any violence carried out in its name may detract the good sympathy that the left movement has in that region.
Chavez has done a lot of good as president. Much more than he did back in '92 when he tried, unsuccessfully, to throw a coup. I think that speaks to the virtue of the Reformist movement.