I greatly respect Sen. Gregg, but my view is that Sarah Palin is toast as a presidential candidate because every poll will show her being slaughtered by President Obama, and Republicans do not want to be slaughtered by President Obama in 2012, though personally I would not regret this outcome.

More likely: Fox News replaces Glenn Beck with the Sarah Palin show. It will be a gigantic smash hit. And Palin will have four years to upgrade her national image, which is now locked in well below presidential standards without any possibility of sufficient improvement before 2012.