"explaining why his platform of limited, Constitutional government provides the greatest protection for American values"
After the recent "money bomb" and it's infusion of over $700,000, I'd have to imagine he has to feel good about his chances. And that came before any commitment to a run. Sportsbook is not as optimistic, placing him at +5000 for a win, +2000 for the Republican nomination.
Despite his recent straw poll wins at CPAC and the Tea Party Patriots, he still seems to be the long shot, scorned and hated by the media, and by more than a few blog commentors. I wish him luck. He'll need it.