In Slate, Chris Suellentrop argues that Karl Rove's strategy of energizing the base will be branded a failure if Kerry wins. Conversely, that means that Kerry/Clinton/Democratic Leadership Council strategy of going to the center while exploiting "small differences" to lure the "median voter" would be vindicated. And this means that the Dems will embrace the Terry McAuliffe Republican lite approach forever.
In my mind, if the Dems do win tomorrow, they should thank their lucky stars that they did. Throwing at least a little more red meat to the party faithful on our side of the spectrum could have resulted in a blowout. But with candidates like Kerry, we will never have the chance to find out.