HALPERIN'S TAKE: The Five Best Things That Just Might Come Out Of St. Paul for John McCain

1. Base and independent voter enthusiasm from Palin pick and media bashing locks up most or all of the Red states – allowing McCain to focus on Michigan.

2. The negative frame on Obama –- not-ready elitist hippie –- was burned in –- or, at least, a  significant foundation was laid down.

3. Donors and grassroots activists have permanently put aside their doubts about whether McCain can win –- at least through Election Day.

4. Questions about Palin's vetting or qualifications for the job of vice president will be drowned out by the debates, etc.

5. The national press will cast the race for the foreseeable future as a virtual tie –- not Obama's to lose.