You are incorrect.
The Republicans are beyond hope. They have sullied themselves, and can not be trusted any longer.
To embrace pure Libertarianism is to lose. The Christians, the largest faction of the Conservative votes will not go there. What is desperately needed is to burn down the "big tent" of the NeoCons and return with real commitment to the Reagan Coalition. That will attract the Libertarias, and retain the Christian Right as well. It is the only way Conservatism has risen to real power in 30 years.
Not to be contentious, but rather for the sake of debate, I’d take issue with that analysis, in that, if my recollection of the Regan co-alition is correct, it was anti-immigration, (which is odd considering his amnesty). The only hope for conservatives is to steal away the Hispanic vote, if that’s even remotely possible, while at the same time gathering up new youth vote. While the Christians may be the largest faction of the “Conservative” vote, as a portion of the total voting public, their numbers are dwindling fast. Or perhaps it’s better put to say that the percentage of Christians who vote conservative is dwindling fast.
It may also be the case that one of the major miscalculations in all of this is that I suspect the number of eligible black voters is far larger than anyone knows and is certainly larger than reported for the last 50 years by the census. If that is the case, given the poor turnout in the Hispanic community, even they may not be of large enough number to outweigh the Dems natural demographic and economic advantage. The most stunning number to come out of all this mess has been the number of those who pay no taxes, 40%, if reports are correct. They’ll always be solidly in the Dem fold and in 4 years, their number will have swollen significantly.