1. Mitt Romney – Gov. Romney’s book No Apology: The Case for American Greatness is a #1 best seller and his tour looks more like a campaign then a pitch to sell books.  Romney continues to have solid TV appearances and is steadily building for 2012.  New polling shows him performing the best against President Obama.
2. Sarah Palin – Gov. Palin’s Tea Party convention speech showed her ability to rally the grassroots unlike any other potential rival. Next up for Palin will be her major speech at the SRLC.  However, her planned TV show signals a career out of politics is growing more likely.
3. Tim Pawlenty – Gov. Pawlenty’s PAC fundraising was very impressive considering it was only the final quarter.  He has also put together the most impressive staff next to Romney.
4. Mitch Daniels– The Indiana Governor has finally relented on his refusal to run and is now open to the idea.  Daniels would be able to call on his nearly 30 years of public service to both present a record of accomplishment and organize a formidable campaign.
5. John Thune – Senator Thune still does not have an opponent for his 2010 reelection, yet he is continuing to build his war chest while being mentioned by many insiders as a favorite to run in 2012.  Continues to be a favorite of GOP insiders.
6. Haley Barbour – Governor Barbour is perhaps the greatest strategist in the party, and he is gaining even greater respect for his leadership of the RGA.  Trips to Iowa, New Hampshire, and South Carolina are on his schedule.
7. Rick Perry - The conservative Texas governor crushed Sen. Kay Bailey Hutchison in the GOP primary and is poised for an unprecedented 3rd term as governor.  He is the first pol to show he has the ability to combine Tea Party energy with big donor support into a well-oiled machine.  His primary win against KBH could be the trial run for a match-up against Mitt Romney in 2012.
8. Mike Huckabee – The former Arkansas governor has run into serious trouble with the revelation that he granted clemency to notorious cop-killer Maurice Clemmons. Still, he retains a solid base of support and a considerable outlet on Fox News to build on.  His fundraising, however, remains by far the worst in the party.  He has once again stated that he is less likely to run in 2012.
9. Newt Gingrich – The former Speaker may have lost some face with another base-angering endorsement, this time of Sen. Bennett of Utah.  Gingrich seems to be shifting more towards the establishment then the grassroots he commanded in 1994. His American Solutions 527 raised significantly more funds then other potential rivals, as a 527 is likely to do.
10. Jeb Bush – The former Florida governor has been more active of late, stumping recently in Ohio for GOP candidate John Kasich, appearing on the Today Show to counter Vice President Biden, and holding upcoming events with Gov. Bob McDonnell. He is also beginning to show support for Marco Rubio, his protege and Tea Party favorite for the Florida senate seat.

Honorable Mention: Scott Brown, Mike Pence, Rudy Giuliani, Bobby Jindal, Jim DeMint, Eric Cantor, George Pataki, Gary Johnson, Ron Paul, Rick Santorum