I’m inclined to agree with Jonathan Adler, especially this point:
1) Romney spent $4 million and 22 days in South Carolina, and still finished behind Fred. 2) Romney has not one any seriously contested constest. Nevada? Wyoming? Please. Where Romney has made a major investment (Iowa, New Hampshire, South Carolina) he has failed. Michigan? No other candidate made a comparable investment or effort to winning the state, so I’m not sure that helps the case.
With that amount of money, and that level of ability, there’s something deeply awry with the guy and his candidacy. Voters know it. On paper, Romney is the answer to the GOP’s problems. In reality, he palls.