Actually, strangely enough, it just furthers what my view of a Neo-conservative is. A form of conservatism that see's the government not as something that should be minimized, but as a tool that should be used...domestically and internationally...to institute the moral and legislative based ideas you have that you believe is best for the countries longevity and security and that said ideals are more important than growth of government, reduction of liberty, or cost in dollars. In this instance, the "threat of islamofascism" is to them a greater hinderance to their goals than the "spreading of democracy" is a boon, and as such they are shifting their view point to accomodate.
To me, a neo-conservative is one who has little care for the governmental and fiscal sides of conservatism unless it suits them, an absolute extremist and somewhat distorted conservative view when it comes to the pillar of defense, and a similarly twisted and extreme view with regards to the social side all unified by a belief that ignoring, or outright rejection, of the first two pillars I stated in advancement of the latter two is worth while.
I think in general people are in the right ballpark with how they use the word Neo-Con when its used as anything other than a mindless insult. The problem is that, one, like any political philosophy there is some wiggle room and two, most of the time people just use it as a mindless insult.