What is she doing now. Probably enjoying some down time with the family. Fulfilling her contract with FNC and a few speaking engagements.
I look for her to come back in the spring and endorse Tea Party candidates like she did in 2010.
The presidential campaign? I hope she stays pout of it until it's pretty much decided. Then I'd like to see her campaign for the nominee (if asked).
But if we get to the convention and it's deadlocked I say lock the doors and don't let her out until she says she will take the ball and run. But that's just MHO.
:-)