It does seem somewhat plausible; but why do a hatchet job on Kerry now? It was clear that Kerry was not going to win anyway. Why take a chance that the whole thing might blow up like a manure bomb and some of the crap might stick to Hillary and Bill, thus damaging Hillary's chances for a later run at the White House? And then to top it all off, the morons bring in the same "expert" that they used to stave off a murder investigation in the Foster case. Not only would Kerry have to be the dumbest SOB in the country, but so would the majority of the population of the US! Still, I like your take on the whole episode. The Clintons are evil enough to set the whole thing up. And that would also make Dan Rather pretty stupid, to boot!
It isn't enough for Kerry to just lose. Kerry and Edwards have to be eliminated in 2004 as viable candidates in 2008. The bigger the margin of victory for Bush the better it will be for Hillary post Election Day.
There isn't any chance of it blowing up unless the media was interested in pursuing the story, They won't.
Dan Rather once said of the Clinton's, Mr. President, if we could be one-one-hundredth as great as you and Hillary Rodham Clinton have been together in the White House, we'd take it right now and walk away winners ...
In Dan's mine putting these 2 back in the White House means he can walk away a winner which is why he is willing participant in this up to his neck.