Maybe not, but she is sure fading fast. Even if President Bush stumbles significantly between now and 2004, the country will not turn back to the Clintons - especially her, she is Bill without the Elvis! The country will more likely turn to an entirely new face, just as it did with Bill Clinton in 1992. Hillary is not only far in the shadows of President Bush, she is not even the most popular politician in New York. While Bush reminds everyone how much we don't miss Bill, Rudy Giuliani reminds New Yorkers how much they don't need Hillary!
I have always thought that Bill and Hillary were inseparable for a reason: they are really one organism - she has the brains and discipline, and he has the political and media skills. Without him, she is only brains and discipline with no personality. She has zero political skills, and her media skills are barely above zero. New York was the only place she could ever get elected to anything.
What would have been had it not been for WTC is arguable from either side. What will happen, will happen. Father Bush had approval ratings in the 90s after the Gulf War, then went on to lose the presidency.
Hillary is the most dangerous political presence I have seen in my lifetime, going back to the days of Hitler. Believe it or disbelieve it, as you will.