Will Sarah Palin be elected President of the US in 2012?

[Vuk]

Do you think she will run (or try to run) as a Republican? Through all the Primaries and Caucuses?

Or will she try to start a new Party? And who would she pick, you think, as her VP running mate (the person to replace her in case Ice has his way).

I don't know. I think that she would probably have a better chance as a Republican, but she is a much better judge of her political options than I am. If she started a new party based on the values she has espoused I would support it (EDIT: Probably...depending on who the repubs were running. While I think Palin is the best there is out there, if she did not stand a chance I would support the next best that did. I do though, think it very possible that she would have a chance. Only time will tell I guess). The Republican party has become completely useless in the last few decades, so real conservatives feel like they do not have a place to fit in (I for instance am not a republican, but am certainly a conservative).
As far as her running mate, I think that will speak volumes about her ability to lead and her intelligence. I at least judge candidates a lot on who they pick as their running mate. I have no idea who she will pick, and will not even attempt to guess. I think she is smart enough to make a really good choice, but time will tell.