Let's not finish the morning without reflecting on the implications of Kerry-Edwards for Hillary. A Democratic victory in the fall, of course, all but removes her from the 2008 presidential picture. (Unless she challenges in the primaries, a la Ted Kennedy in 1980--wouldn't that be fun?) If the Dems lose, however, Edwards almost certainly is vaulted into the top tier of 2008 contenders. The only thing stopping him would be an absolutely miserable performance over the next five months--something involving a physical attack Dick Cheney during the veep debate or crack smoking in public. Odds are Edwards would have been a much-talked-about guy anyway, given his second-place showing in this year's primaries. Bottom line: He ultimately may become the one guy who can stop Hillary from the Dem nomination in 2008. So it's a down-arrow for HRC today.