Allahpundit thinks ahead:
It’s not strictly true that a Paul win in Iowa automatically helps Romney to the nomination. It’s probably true in the sense that Romney is likely to finish second at worst, but what if he finishes fourth or even fifth behind Paul, Gingrich, Bachmann, and/or Perry? That’ll wound him badly headed into New Hampshire; meanwhile, if Gingrich finishes second in Iowa, he (and Huntsman) would be in good shape to become the Stop Paul/Not Romney candidate in New Hampshire.
If he won there, then suddenly Romney would be 0 for 2 and taking a ferocious beating in the media for underperforming. That would make a Gingrich victory in South Carolina, where he’s currently leading, seem very likely, and then Romney would try to make a stand in Florida against Newt’s momentum. It’s hard to believe that scenario will play out, but the odds aren’t zero.
Nate Silver makes the same point.