It may be far too early to make these kinds of predictions, but my sense is that Hillary is watching her political aspirations go up in smoke. Notice how utterly mediocre she is when she is asked a question and doesn't have a canned response -- she makes George W. Bush look like the most eloquent public speaker you've ever heard (nothing against Bush's speaking skills, but even he would be the first to admit that it's not his strongest point).
Worst of all (for Bill and Hillary), I think Democrats are starting to realize that because the U.S. is in a position where real leadership is needed, the prospects of Democrats winning important, high-profile political races are, by definition, pretty poor. Health care reform, mentally imbalanced presidents, reparations for slavery, and villages raising people are not all that important or acceptable at a time when the nation needs some serious adult leadership. In fact, people are probably asking themselves why the hell 99% of the things that passed for "important issues" up until 9:00 AM on September 11th were even being discussed in the first place.
Bill Clinton is doing what he does best -- which is, nothing of any real substance. And he's burning with envy at the sight of a real man doing a real job without any need for the support of a bunch of third-rate hacks and a first-rate propaganda machine.
I can dream, can't I?! 8o)