Hugh Hewitt has a piece in the Weekly Standard where he thinks that Giuliani might be the leading contender for the GOP's Presidential candidate in 2008 based on the response from the National Federation of Republican Women. Josh Clayburn at In the Agora is doubtful because of Giuliani's pro-choice stance. I agree 100%. When it comes election time, we're going to hear a lot more about Giuliani's abortion stance and it's not going to go over well with GOP primary voters.
Having Giuliani run as a pro-choice Republican candidate in '08 would be one of the stupidest things the GOP could do. Talk about abandoning your base.
Also it's too soon to tell. Politicians can rise and fall in 3 years. W's endorsement (if he gives one) will be huge.
Giuliani's received a lot of press during the election but what will he have for the next 2 years unless he runs against Hillary in the Senate in '06? His comments during the election were usually focused on Iraq and the war on terror (good subjects for him) and not the social issues where he is more moderate.
Hugh's hand raising survey method is also somewhat dubious as people who might not otherwise raise their hands do if others around them do.