Anything bad that happened on that treasonous bastard's watch won't stick to her because she will say she was not in charge and tried to stop it (and getting revenge against him while she's at it.)
Calif., NY, Mass., NJ., the rest of the NE etc.. are in the bag. She is only going to have to win one state that Gore did not to beat GW. There will be even more vote fraud (I think the Clinton's did not really help Gore because they wanted Hillary to win in 2004), they will have more money, soccer moms and college age woman will come out in droves, etc..
While I think that GW would kick her ass right now, 2004 is a long way off. Let the war on terror take a bad turn, another 2 or 3 terror attacks take place at home (helped by the Clintonistas to get in and carry out the ops)or have the economy take a downturn and GW is toast.
Don't think for a second that the witch doesn't look out on the horizon and sees Condi in 2008. She's got a much better chance against GW in 2004.