Yes indeed! The trend above shows McCain with about 300 EV in two months (and that trend started before the Palin announcement).
Consider this: The Obama camp has abandoned (forfeited?) its race between Obama and McCain, and is now trying to regain some traction by framing its race as being between Obama and Palin (losing from the gitgo!). No one seems to know what part, if any, Biden is supposed to be playing.
My prediction for election day: McCain/Palin 535 Electoral Votes; Obama/Biden 5 Electoral Votes.
Yup, team obama has been prepping for weeks to take on McCain and either Pawlenty or Romney. They were completely caught off gaurd with Palin and her success with all the targeted groups. obama's over-reaction and heavy-handedness against her is quite telling: They have no idea what they're doing.