Palin wasn't terribly poised in the infamous Couric interview and that's the principal strike against her. But she said nothing in that interview any fair person could describe as stupid. This strongly suggests she is way smarter than most prominent politicians, including the last four GOP presidential nominees none of whom ever managed to get through five minutes of hostile questioning without saying something idiotic. Everything Palin has said and done since leaving the shadow of the McCain campaign has shown a grasp issues and politics that sets her apart from everyone else in the presidential talent pool. Obama gave 50 plus speeches about health care. Palin coined the phrase “death panels.” Game, set and match Palin.
There's every reason to think Wallace is wrong about Palin, but if she's right the ABP (anybody but Palin) caucus has nothing to worry about. As Wallace suggests, Palin will implode and the GOP will nominate someone else. If Palin succeeds it will mean that Wallace and the ABP caucus were wrong from the start, probably as a result of irrational bias against beautiful, fertile and successful Christians who choose to bear and raise a child with Down’s syndrome. Somehow I doubt we'll ever hear an apology.