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Your suggestion that Sarah Palin will be back and stronger will doom the Repubs to permanent losses as long as she is in the mix. The lady was attractive to some elements of the repub base but she has no cross-over appeal to moderates or independents. I think this was borne out in October when people made up their minds. McCain should have picked Rommney who is one of the few people out there who has spoken intelligently on the auto bailout issue and actually has some useful insights. Sarah Palin has no clue other than something folksy like "the bad boys on Wall Street really made a mess of things and the maverick from the Senate will fix it". If she were elected president someday, the market would crash immediately.
She simply is not qualified to lead this nation and McCain paid the price for selecting her. I don't know how someone magically becomes qualified in the next 4-8 years without significant international experience, high level cabinet position, running a big state like CA or NY, etc. None of these things are going to happen in this interval so she needs to stop dreaming.