As for the Republicans, I don’t think Giuliani can be counted out yet. His large state stretegy works by the numbers, and unless someone else grabs real momentum he is pretty strong in enough states with enough delegates to win. I think Romney haing in actually helps him, as the more viable candidates there are until the large states, the less any one of them will have momentum to overcome Giuliani’s advantages there. I think right Giuliani is the most likely Republican nom. McCain is going to have real trouble in some states, NH semi-open primary really favors him and he has problems with ‘the base.’ Unless either Huckabee or Romney implode, I think they continue to split different wings of the same group to much to win, and Thompson is of course out of it as far as I can tell.

Democratic nomination comes down to Obama and Clinton. Edwards is fading fast, and while I admire Richardson for sticking it out, his chances are slim to none.

Republican nomination appears to be coming down to McCain and Huckabee, unless Romney manages to pull a surprise somewhere. Giuliani, in my opinion, probably isn’t going to make the headway you project he might. The chance certainly exists, but if Huckabee and McCain keep exchanging wins, with Romney staying in the top three, Giuliani climb to win it goes further uphill.