As Dave Neiwart points out over at FDL, the results for Hillary in North Carolina and Indiana were less than she needed, and may have destroyed her chances with the superdelegates. Her speech sounded suspiciously like a concession speech. Now anyone counting Hillary out until she formally says she's out is taking a big chance, this is the energizer bunny of candidates. But let's assume she will decide the gig's up and to throw in the towel and turn our eyes forward.
Obama has his work cut out for him. The possibility that a lot of Hillary's white working class base could turn to McCain or stay home should be a real worry for him. There's been a great deal of bitterness and anger on both sides of the fight. And, to be crass and point out the unpalatable truth, there isn't a lot in it for Hillary to back Obama in a more than pro-forma "going through the motions" fashion. If he loses, she's the presumptive nominee in 4 years, after all. If he wins, she probably has to wait 8 years, and she's not getting any younger. If she really wants to be president, well, Obama's still in the way. Now I'm not saying she won't help Obama even if such thoughts are going through her mind, no doubt she understands what another 4 years of a Republican presidency would mean. Still, there's help, and there's going all out. And there's a lot of space between the two.
So if I'm Obama; if I'm one of Obama's advisors, no matter how much I may share the view of some associated with the campaign about Hillary, I'd be thinking real hard right now about what it's going to take to bring her and Bill on board in a big way, so that they do everything possible to really deliver the votes of their supporters.
For Bill, probably a seat on the Supremes if the opportunity comes up (and it will, if Obama is elected.) For Hillary? Probably Senate Majority leader--it's not like Harry Reid really likes the job anyway.
For our hopes of there being a Democratic President taking office in 2009 I trust that similar thoughts are going through Obama's mind. Because he's going to need all the help he can get.