It can get rather amusing watching the 'bogeyman' get blamed for everything. Thing is, Putin neatly sidesteps several questions that answer raises, such as 'Why are there tens of thousands of your citizens angry enough to defy the government in the first place?', and 'Why was corruption in the Government an issue before the elections, what is it about the allegations of vote-fixing that makes you conclude, so rapidly, that someone else must be behind it?'
Thing is, Russia's voting record in the recent Arab Spring uprisings has not made them many friends in the Arab community, if they respond, after that, to these demonstrations in too heavy-handed a way, it stands a chance of making them look very bad on the political stage across most of Europe, and probably pretty large sections of the Middle East as well.