What has Clinton done for the democratic party other than for himself? He lost the house, he lost the Senate, he lost Governorships, he lost state legislatures. He did a really fine job boosting Gray Davis' numbers. Hillary is so unelectable that honest democrats realize it. The Clinton's designee Gen Clark is so green that he is in the middle of collapsing as we speak. The Clinton's hand picked man Terry McCauliffe has a disasterous record as head of the DNC, and Howard Dean loathes him.
I predict a Dean primary win, a loss against Bush, and a reshuffling of the DNC in 2004, with McCauliffe out, and Rudy beating Hillary in 2006.
But, that's just my opinion.
This does not mean the Clintons are finished. You assume rationality on the part of Democrats. Maybe they're finished, or maybe they'll manage to inflict still more harm on their party. I'm not sure I care, so long as they don't inflict any more harm on the country.
Be still, my heart.