Assuming (along with the conventional wisdom) that Barack Obama is not going to pick Hillary to be his running mate, then whomever he does pick should be pitied, for he/she will instantly be rendered as obscure a figure at the convention as Michael Dukakis.

There is no downside here for Bill and Hill: either they can set her up as Queen-I-Told-You-So in the event that Obama loses later on, or at the very least, they can rain on his parade in his moment of glory.

She worked hard for this moment, and by God, she's going to have it. To quote Ronald Reagan, "I paid for this microphone!"