No, Newt is smart, McCain wasn’t. Newt is a savvy southern politician in the mold of Clinton. He will be a great president or Vice President. He will not be a new Reagan—he will be his own man but—in his way great. Think Churchill rather than Lincoln. In any case he will be leaps and bounds over Obama.
I favor Cain, if he falters due to gaffes then Gingrich is who I will support.
His proposals on his website are very good IMO. He seems to have tried to clean up his life with his conversion to Catholicism, so I will give him the benefit of the doubt on that.
His biggest weakness is being a party politician, the Dede situation,but this is a fault most politicians have (see Santorum.
He would destroy Obama in the debates and he is not Romney. By the time I can vote in NJ the nominee will probably be decided anyway.
Whoever emerges as to anti Romney at the end of the year is who we need to rally around, currently I see that as Cain, Gingrich, Perry in that order.