Maybe Gov Pawlenty should do what Romney did and not run next year so he can run for president in '08. I think the GOP could do worse. And it probably will, sad to say. I think Pawlenty will be high on the list for VP candidates though, assuming he can win next year.
GWB ran for re-election and won in 1998 before running for the presidentcy a few months later. Bill the Impeached did the same thing also.
The Romney model is only for guys who can't get re-elected.