The net is abuzz with commentary that I also participated in at: We Are Ruled. Wretchard at The Belmont Club is also hitting it. With respect to Republicans he says:

The closer one gets to its top, the more it looks like the ghost of Rockefeller.

To which I replied (revised and extended):

That is not the only problem. The closer one gets to the bottom the more it looks like Jerry Fallwell. And neither is attractive to the libertarian oriented youth.

The Republican Party is dead except on a local level. It is going the way of the California and Illinois Republican Parties. And Libertarians “stole” 9 down ticket races from the Rs in the last election. Giving them to the Ds.