George Will makes a good case for why Obama would be smart to run this time around. His argument rests on three main points: 1) He only gets to be the fresh face one time around 2) After flirting with running so publicly, if he bails now he’ll be viewed as a big tease and 3) Hillary is the perfect opponent.
I tend to agree, especially with points 1 and 3. If Obama is forced to wait perhaps another 8 years, he’ll no longer be the rising star, but just another senator. As I put it before, by waiting, he risks the Matt Leinart syndrome–for non sports fans, he’s the USC quarterback who, by staying in college an extra year, dropped from being a sure #1 pick in the NFL draft to a #10 pick.