I think that's a distinction without a difference, though. Will every terrorist organization go away? No. When one dies, another will rise in its place. Because as you rightly point out, terror is a method. There will always be organizations that employ that method.
So I see it as open ended no matter how it is named. Calling it a "war on terror" by default means that we do not accept terror as a method from anyone and will act to defeat organizations and/or countries that employ such methods.
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