Let's see.. There's no Republican president who back-stabbed the base and raised taxes, nor a senator who somehow lost every ounce of their personality during a campaign and gave the impression that he 'deserved' it.
At a guess, I'd say that this would be more the excuse for the Republican party to go all liberal again (colloquially known as 'Running to the center') and ignore the opinions of a huge block of voters to pander to a group that wouldn't ever vote for a conservative, much less a liberal wearing a (R) after their name.
I predict, if he does run, and does get any traction, it'll be because he's busy talking about the issues that the Republicans almost constantly hide from. And anyone who refuses to 'vote the line' will be ostracized for 'letting Obama win.'
Got a good idea, Republicans, how about fighting to win for once?
Wanna Wynn?