Facing the same situation as did the Iraqis, I would like to say that I would do the best that I could under the circumstances (and be grateful for the opportunity to do so), but I probably would not have had the guts to go to a polling place under the threat of death to myself and to my children. And no, I wouldn't call the results illegitimate. I think voting under those circumstances would tend to give more legitimacy to the voting process, in that the people who voted were so serious about it that they did so at the risk of their lives and the lives of their children.
And I disagree with some of your premises, so of course I won't come to the same conclusions as you do. I disagree with your characterization that the Iraqis are under occupation. I disagree that not knowing all the names of all the candidates is necessarily a hindrance as I'm sure that there was some designation as to their party/affiliation/tribe (which would tend to give a hint as to what their platforms were) somewhere on the ballots with the names of those running for the 275 slots for the Interim Council.
Was the election perfect? No. None ever will be anywhere in the world, at any time. That doesn't mean that we not have them until we can figure out a way to make them more perfect. And then of course, everyone would have their own definition of perfect, and if something as relative as that were the prerrequisite, then I guess there would never be another election anywhere ever again.
But was it the illegitimate disaster that you seem to want to paint it? I don't think so. If it did nothing more than show to the world the Iraqi people's courage and willingness to brave death to voice their opinion to opt for democracy over tyranny, to express solidarity against the terrorists, then that in and of itself made it a splendid success.
I also don't have a blind devotion to the administration and its policies. There are a few things that I would definitely handle differently. But I do agree with the way the administration is handling the Iraq situation and the broader war on terrorism (the opposite of appeasement). And I prefer the new world order that may come of that than any that you might espouse, I'm sure.
And if you think that makes me delusional, well, you are entitled to your opinion.