Chris Bowers predicts Palin will be the nominee, and with a rally in Minnesota headed by the two GOP bat-shit crazy ladies that attracted 10,000 people, it doesn't take much to agree with that prediction.
Democrats, without getting too cocky about it, should welcome this development. Palin sure can fire up the base, but the more Republican thinkers and independent thinkers know about Palin, the less they like her. Sure, she can spit out platitudes about lowering taxes and decreasing regulation, but she'll have no idea how to sell it to a populace that for the most part wants Wall Street to pay for what they did to the American economy. Obama's largest contributors in 2008 were from Wall Street, and there's no reason to think that, if Palin is the nominee, they would abandon that ship in favor of true incompetence.
If she is the nominee, however, I'd like to see her try to avoid an open press conference the way she did during the 2008 campaign.