I still believe baring a disaster Obama will be reelected, but I now see nothing to lose and lots to gain by a Palin candidacy. She is the only candidate who has the ultimate freedom of having already faced her political death head on. As Winston Churchill famously said, “There is nothing more exhilarating than being shot without result,” and while thankfully Palin only knows this truth metaphorically, all that she has endured gives her incredible independence. Everyone else will inevitably melt (like even grizzled veteran John McCain did) when they get close to the blast furnace that will be going up against the Obama juggernaut. Far more than anyone else in conservative history, Palin has been forced to prove just how fireproof her convictions are and how deep her resolve is.

Quite simply, no one else in the potential Republican field will be as trustworthy to conservatives on the issues, and less likely to back down, than Sarah Palin. She has shown beyond any doubt that she can literally handle anything that the pressure of running for president could possibly present.

Would she win? Probably not, but there is no Republican who would be close to being favored today against Obama. Instead, a Palin candidacy would guarantee, by far, the best chance to have true conservative principles articulated in a fearless fashion on the grandest of stages, which hasn’t really happened (with apologies to Ronald Reagan) since 1964.