I would like to note that I never heard of Georgia before, but unlike some people, I realized half way through reading the first post that he wasn't talking about the state.
If I were to compare this to any conflict I have any knowledge on, these seems like Texas joining the US from Mexico (though the people declaring independence aren't actually joining Russia as far as I know). Whats going to happen in the end is simply the bigger guy will decide if the spot stays independent, or if it rejoins the nation it was in. Considering the sides here, they're staying independent.
Also, that is a funy toon.