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I did read it. All of it. Yes, it is devastating for Obama, but any praise of Palin to be found in it is of the backhanded variety.

Let's face it - plenty of FReepers have as much intelligence as Governor Palin has manifested. She is Everywoman. And that is what we like about her - she's not putting on airs; 15 years ago she was an unremarkable unknown like legions of other less-than-prodigiously-rich successful business people. In retrospect her selection as Senator McCain's VP noiminee is easily made to seem inevitable, but like many events this one seemed startling when it was revealed to us, and since we have a psychological need to make sense of the world, we rationalize the event's "inevitability."
(That is in fact a paraphrase of part of an excellent book: The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb. I recommend it highly).
Governor Palin is us, only more so. More grit and initiative, less willing to take things as they are without raising a fuss. Which is what usually, IMHO, distinguishes the businessman from the more typical middle class salaryman. But that small difference met opportunity, which has led to her elevation to Governor and soon, please God, to VPOTUS.
My own suggestion for VP was similar to McCain's actual choice - I would have looked for a black conservative like Lynn Swann, perhaps, or possibly an Iraq veteran like Col. West. Still wouldn't have had the resume for nomination to POTUS - but like Palin the very thinness of his resume would have pointed up the hole where Obama's resume should be. I simply do not believe that the qualifications for VP are the same as those for POTUS. VP should have an identity which helps unify the country. A positive, conservative, black would have highlighted the negativity of Sen. and Mrs. Obama as well as raising the issue of qualifications to the disadvantage of Obama, as Palin's nomination has done.