Absolutely not. Religion should not dictate ones right to be able to live in the land. If the Palestinians are happy with Jews and Christians and Buddists living in their land but pledging allegiance to their government I am more than happy for this to occurr
If it initally takes a Jew free Palestine to get real peace however then all the Jews should get out of the region. This should not however be a long term objective.
If you got to keep Jerusalem as your capital, no repatriation of Palestinian arabs to Israel, fair access to water, guaranteed peace for the forseeable future, would you give up ALL the land ?