As the clear social conservative and the only woman in the field of possibly more than 10 candidates, she could easily win Iowa and South Carolina. And when you win those two states in the Republican primaries, you’re likely to win the whole red enchilada.

Can you imagine the debates? Ratings could beat the Super Bowl.

One thing will work in Palin’s favor: She will be hugely underestimated. She will be an improved candidate and better on policy.

But, my bet is she will disenfranchise many moderate Republicans (like me) and turn off independents. And this will create an opening a mile wide for a third-party candidate.