No. I don't think she'll win the election; in fact, I think she is costing John McCain votes. A lot of them.
Nor do I think she is necessarily eyeing a run for president in 2012. This probably isn't her first option, nor her best.
I think she's looking to cash in.
I expect that sometime in the next four years she will pursue or be presented with a syndicated talk show opportunity, on radio or TV. Think of her as a female Rush Limbaugh, an Oprah for conservatives. (Limbaugh made a reported $33 million last year.) Sure, a lot of people hate her, including a segment of moderate Republicans. But a niche of people absolutely love her.
She'll make millions.
She could even replace Elisabeth Hasslebeck on The View, or join Elisabeth on some new syndicated show for conservative soccer moms and Jane the Plumber.
On Tuesday, Barack Obama will become the next president of the United States, inheriting all the messes from Bush the Lesser. What he faces won't be easy.
But Sarah Palin? Sometime in the next four years, if she chooses this path, she'll be a filthy rich celebrity.