I don't think they are that smart though. Even if they were, the urge to hold onto power would over-ride those sorts of considerations. As long as they have a chance they are always going to try and win. I just think they made a bit of a mess of it, exacerbated by internal party divisions/conflicts and an unpopular president.
However, what you're saying will certainly be some consolation to them if they are booted out .. but I don't think that is certain yet by any means. I'm still not convinced Obama is going to win.
I am convinced Obama will win.
Firstly he's got a clear lead in every major poll.
Secondly voter registration for the Democrats is twice as much as it is for Republicans.
Thirdly it's often forgotten that McCain is not particulatly liked by a number of Republicans. Whereas the Clinton/Obama division received a lot of attention, it should be emphasised that McCain really wasn't a clear pick for the Republicans. If anything he's the best of a bad lot (for them). The level of support behind Obama is far, far stronger than that of McCain.
Fourthly McCain's age is a serious consideration. This, along with his medical history, will definitely play on the mind of a number of American voters.
Fifthly the effect that Sarah Palin had on the campaign has completely evaporated. If anything she's become an "and finally" piece in most news broadcasts. Her poor performances in interviews have made her more of a laughing stock rather than a serious candidate - especially considering what is happening with the markets at the moment.
Sixthly Bush is the second most unpopular president ever. The Republicans have been seriously damaged by the prolonged Iraq war and this huge financial crisis. McCain is standing as the Republican candidate and has been a member of the administration for the previous eight years. Nobody seriously sees him as someone who can instigate change.
McCain's strong points are around foreign policy and security. The first debate was around this topic. McCain needed to defeat Obama in this debate. He didn't.
Obama has a stronger grasp on economics.
Because of the market turmoil, attention has shifted to the internal matters and the economy - something Obama is perceived to have a better grasp on.
The only way McCain could win is if America suffers a terrorist attack or something really bad comes out about Obama.
Seeing as the Clinton campaign tried to dig up as much as it could about Obama, I'd seriously doubt there are any skeletons left in his closet.
Personally I think at this stage it'll be a case of how much Obama will win by rather than if he'll win. And I think the margin of victory will surprise everyone.