Obomba won by 16 points in 2008.
Don't forget that the McCain campaign pulled out of Michigan early as the MSM was exulting. That had a huge impact on the margin.
Also, the Romney name means a lot in Michigan, especially to older voters who remember Dad favorably.
Looks like Axelrod will be shaving his moustache - but, then again, can you believe anything he says or promises?