It means we will lose the GOP forever. With Romney losing, we can get a conservative in.
If Romney loses, we get four years of hell with Obama, Holder, and a good chance of losing the Supreme Court for 20 years. If Romney wins, it depends how he flips, but I don't expect much. The GOP will move on past Romney or whoever. Regardless of what happens, it will only be conservative if we elect good party leadership, good primaries, work downticket and get active.
This losing forever is nothing more than sky is falling crap and a lack of vision of the big picture. We have presidents, not kings. Downticket is important.