The Times reports on Sarah Palin’s future as the GOP standardbearer whatever happens next Tuesday….

Her prospects, in or out of government, are the subject of intensive conversations among conservative leaders, including the group that will meet next Wednesday in rural Virginia to weigh social, foreign policy and economic issues, as well as the political landscape and the next presidential election.

Ms. Palin’s aides insist that winning this time around is her sole objective. But there are signs that she, too, is making sure that she is well positioned for the future if she and Mr. McCain lose.

There certainly are. I think it would be a real mistake for liberals to underestimate Palin.