Bank it. A Dem takeover of the House is very good for the Republican presidential candidate in 08.
A party with NO direction with power in the House? Romney is licking his chops.
Some wave... where Demos are winning by running as conservatives... where Demos are winning back seats in formerly Demo districts. Where Demos who claim to be gun-loving, God-fearing, fiscal conservatives will make the difference for the Dems.
Yup, they may take the House and maybe even the Senate. What did they run on (other than "cut and run" from Iraq)? What will they do between now and 2008 in Congress other than bring their kook leaders into power? When 2008 voters see that their taxes are being raised and spending is going up and the war on terror is being lost because of Democrat take over in Congress, which way will the wind be blowing then?
Even if we lose both houses of Congress, this is not the end of the world. Unless this ends up being 40+ house seats and >6 Senate seats, this is no big "wave". Although you can count on Chris Matthews declaring this a "wipeout". Delusional as always.