Palin may or may not seek the white house in 2012, BUT as the Washington Post (of all places) pointed out today, Alaska is simply too far away, and the position of governor is simply too time consuming for Palin to make the kind of impact she's capable of if she is unfettered.
"I found my arms and legs were strongly fastened on each side to the ground." Gulliver's Travels, as illustrated by Milo Winter.