David Frum predicts the future:
Bachmann wins Iowa. Romney wins New Hampshire. Absent Perry or Ryan, the field quickly empties out. The establishment rallies to Romney. The party follows just as it did in 1988, 1996 and 2000. Meanwhile talk radio and Fox News goes angrier and uglier than ever.
But, after last night's performances, Nate Silver sees an opening for Perry:
Besides Ms. Palin, the other candidate whose decision will have the most influence on the race is Gov. Rick Perry of Texas. Mr. Perry — although he has some vulnerabilities — could potentially fulfill William F. Buckley’s commandment to Republicans: nominate the most conservative candidate who is electable.
The Dish 