I'd say it's Huckabee's astonishing resilience, with so few dollars and so little organization. The Bush-Rove party is a disproportionately religious organization and the pastor cannot be denied. The GOP's natural ticket is obviously McCain-Huckabee. It makes a lot of sense for the logic of today's religiously-based, war-motivated Republicanism. It's also a huge reminder that the so-called leaders of the conservative movement - Limbaugh, Hewitt, Dobson, Levin, et al - are very scantily clad emperors. Their bluff has been called. And it couldn't happen to a nicer crowd.

On the Democratic side, the bottom line is that this is now a dead heat. Given Clinton's massive lead only a couple of weeks ago, that's a huge Obama gain. Clinton has the edge among super-delegates (as of now). Obama has the edge in money - a real edge, and it's building. It's still all to play for. 

We want to hear what you think about this article. Submit a letter to the editor or write to letters@theatlantic.com.