As 75% of the population of Israel are of middle eastern or arab descent (arab jews, muslims, christians, druze, etc) it makes perfect sense to leave Israel where it is and not dismantle it to be located somewhere else. Its only right that Jews have a right to their homeland exactly where it is. A separate Jewish homeland would never have been allowed under the Ottomans so hence the proposals you linked to, although the Ottomans did move ethnic populations around their empire. For example, North Africans and Circassians into Syria and Palestine. For centuries Jews did their best to live peacefully among their host populations despite the progroms and discrimination but the longing amongst Jews was always a return to Palestine.