Jeff Bingaman has never faced a strong reelection challenge. I think that Pfeiffer, a Vietnam veteran from a Democrat stronghold, has great potential. And his emphasis on border security is encouraging.
Eh, this will be a second tier race at best. I like the guy, but I don't expect him to be able to pull the upset.
That said, if he runs a respectable race, he might well have a future, but I really don't expect him to win this time around.
Latest news: David Pfeffer has a campaign website:
http://www.pfeffer-for-senate.org/