1. Hatch stays in the Senate and on the Judiciary Committee for at least two and possibly eight more years while as many as four SCOTUS positions open up.
2. Hatch stays in the Senate and on the Judiciary Committee as Committee Chair (with a wounded Specter nipping at his heels) for at least two and possibly eight more years while as many as four SCOTUS positions open up.
3. Hatch resigns from the Senate, takes over DOJ for at most four years and then retires completely from public life, leaving Frist to appoint an aggressively conservative senator to the Judiciary Committee in Hatch's place and giving the Utah governor an opportunity to appoint a more reliably conservative senator to complete Hatch's term. (and, no, I don't believe Leavitt is the right pick, but that's another story).