It does on FR. Conservatives are what Republicans USED to be. Have you read the party platform lately? I can't think of a single Republican that stands on that platform firmly.
Some of you actually think the faction with the privilege of using it as a content deficient cudgel is over there with Ron Paul. Others of you imagine that the TEA Party crowd gets to use it because "we know best". Others want to use it against politicians who criticized Reagan ~ GAD! I am sure Ronaldus Magnus managed to criticize himself occasionally.
There are other, better terms to use to describe your enemies. USE THEM.