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Obama has the misperception of momentum on his side, which is highly unfortunate, and highly unfortunate if he becomes the nominee for the party. A large reason for his wins is due to republican crossovers, who have no intention of voting for him in the general election.
Witness Rush Limbaugh's calls for such a thing, as well as across talk radio and on republican websites.
Thus, the Democratic Party will have a candidate with no experience, but fine rhetorical skills -- who steals his material from other people like Duvel Patrick and John Edwards.
So the republicans have managed to create a myth of momentum that'll probably die as people get to know this dry hole. Crying shame.