No way. Biden brings nothing to the ticket geographically or demographically, and he is a loose cannon. He could not be muzzled. Obama is the smart political choice and Obama is smart enough to know that it would be the smart move for him as well.
I think you are wrong on many accounts, he will not be picked as VP. His islamic upbringing make him unelectable in the US. His wacky leftist foreign policy on top of his up bringing (since when has Iran and Syria been the friend of the US or is it just Obama as we learned tonight, no nukes etc)will make him a possible Trojan horse in the minds of the blogs and talk radio.
And while you might break one taboo this election of the 200+ years white men have held the office, doubtful, do you really think you can break 2 in the same election year on the same ticket. No way you can win that type of trust with anti-American types. Now if the Republicans had run Kirkpactrick(sp) and Powell...