Best conqueror is not the same as best diplomat. Alexander's Empire fragmented completely after his death, so he didn't consolidate his victories - frankly because he was so young when he died.
On Metternich - the liberal revolutions would have taken place much earlier had it not been for Metternich. The post-Napoleonic order was completely his design, and the Concert of Europe that he created permanently shaped how international affairs would be conducted. Indeed, the breakdown of the Metternich order is as responsible for the great wars of the end of the 19th century and beginning of the 20th as anything else.
Think about it, the French Revolution presented a powerful existential threat to everything that had existed in Europe since Westphalia. Somehow, some way, this revolutionary upheaval was largely contained (at least on the continent, it destroyed the Spanish Empire) and the old monarchies persisted, and even in the French case the Bourbons were restored to power.
As for Palmerston, which decisions do you think were harmful? I don't necessarily disagree, but I think he presided over Britain in a time of great uncertainty and upheaval in Europe. His decision to prop up the decadent and dying Ottoman Empire through the 1800s did much to prevent Russian and French expansion and preserve the Balance of Power (and by "balance" I mean British dominance). It might be said that had the Russians been able to take care of the Turks much earlier and controlled the Bosporus, the Tsarist system might have survived.