I agree.
Hillary could probably have the '04 Democrat presidential nomination with a word but she isn't about to make any decisive moves for awhile. Hillary is just flexing her political muscle to see what the reaction is. She has to see what develops with the economy this year and how Republicans do in November. A recovering market and a big Republican victory in Congressional seats will probably cool her ardor quickly for '04. Hillary likes a sure thing and she must know that she's weak outside of the northeast and California. Throw in the ramifications of a possible war with Iraq and other variables and anything could still happen, including Hillary deciding that she can't beat the popular Bush and that '08 would provide a clearer path to the White House.
I once underestimated Hillary. I assumed she wouldn't run for Senator from New York because she was afraid to lose. Well, to my dismay, Hillary ran, was totally protected by the media at every step and the voters in New York elected her, although she had never lived in their state and was obviously a political novice in many respects. A weak Republican opponent helped a lot but still, she won, and now we have the presidency to consider.
I believe that Hillary will run in '04 if the economy is weakened even more and Bush looks vulnerable. The media will celebrate her entry into the race non-stop for weeks on end and she'll be pampered and protected 100% while Bush would be forced to soft-pedal his campaign against Mrs. Clinton, as Lazio did. If that lying, personality-challenged, robotic idiot Al Gore could come as close as he did to winning in 2000, Hillary Rodham Clinton has an excellent chance to pull it off.
Watch her and be worried. We elected a Jimmy Carter and a Bill Clinton (twice!) so a Hillary as President is quite possible. FR may be on to her but unfortunately, many millions apparently are not and with a savvy campaign and the total support of the media, she could win.