I have never seen Palin “waffling” - interesting choice of a word to disparage her. If the current lineup does not lead to producing a strong Conservative candidate - Palin will get in. In her heart - I think she is hoping there is someone who will emerge with her values and commitment to restoring this nation’s liberty loving character - but if duty calls - she has a servant’s heart.
Sarah's operation is generally widely misunderstood. Most of these pundits have never been in a real campaign.
There is a distinction between "running" and a statutory "declared candidate". Sarah has been running for some time. She can't direct an organization effort as a candidate and she can't directly raise money as a candidate who is not a declared candidate. She could have done some things with an "Exploratory Committee" but she hasn't needed one of those to be effective doing what she has been doing so she doesn't have one.
In the current effort, most money is going to be raised by Super PAC's. They can't be an arm of the campaign by the declared candidate because they don't comply with the candidate contribution limits.
Romney and Perry and perhaps others of the active declared candidate list are running with Super PAC money also.
I think it is pretty likely that Sarah has shadow supporters running at least one Super PAC.
She has organizational people commuting from Texas to Iowa and from and to other locations who have never even met her. But when the ball drops, she will step to the plate with the best organization and the most money as well as the best thought out approach to running her campaign.