The FBI is every bit as useless as it was before 911. The Agency is terminally dysfunctional. It took them about one day to dispatch FBI agents to sleepy Greensboro NC, after three Palestinians got punched in the nose after picking a fight with "infidel" college kids. Disgraceful.
That's why I'm not too worried about 2008. A real conservative can run to the right of Bush and the democrats, painting them weak on terror, especially if anything happens. And something will happen.