Exactly.
W's second term has been just awful. his first wasnt a mixed bag, good on taxes and terror but horrible on spending (prescription drugs, education bill, etc) and his signing of Campaign Finance reform while acknowledging it was unconsitutional publically, borders on impeachable in my opinion. But I supported him for re-election. His second term has been a nightmare.
The only good thing he did so far has been to nominate Alito, which he did grudginlgy after his preferred crony pick was universally panned. Other than that, I cannot think of one good thing he's done since 2004. The war has been fought half heartedly with political and press considerations taking precedent over winning, his primary lobbying of the American people has been on essentially ceasing all efforts at immigration control, failed to make a credible case for "staying the course" or offer an alternative that allows for winning and consequently he failed to maintain congress, failed to set a winning agenda, failed to win support for any of his initiatives, failed to do anything to support the base that elected him, and he almost seems pleased that with a dem congress he can finally offer concessions willy nilly and go down in history as a bipartison unitor. Other than Alito the only good thing he's done has been his total failure to set up a transitional candidate. Whoever runs as the Republican nominee will not have the pseudo third term aura which works for popular presidents like Reagan but is the kiss of death for unpopular ones. So maybe he hasnt totally ruined the chances of a GOP president in '08. But he still has a year, let's not underestimate him. Situations like sacrificing a couple of Border Patrol agents at the altar of immigration reform don't help.