Look, if she runs she will be on stage with all the other candidates and will do one of three things, outshine them all and prove just how thoroughly the press has been lying about her for the last two years, or stumble a bit, get pounced on and joked about even worse, and be defeated in the early primaries, or fall apart completely and not even come close. Personally, I think the woman is hugely underestimated and that alone makes things interesting for both the primaries and general election.
I do see your point about "true believers" (a'la the Perot example) not recognizing what an uphill fight she would face. But the expectations for her have been set so low it's hard to say what would happen of she gets a chance to connect with people who have been told she's a backwater "moron" or how women will react if they empathize with her (hate to use this word) "victimhood".
Also, in the Perot example? Is that a suggestion that a Rino repub will be the “perot” against her? The perot example only makes sense in a three way race,, and it still doesnt apply here.