UPDATE 11:37 AM: Lorie Byrd draws out the implications (via Althouse). Excerpts:
Television viewers/voters who might otherwise have turned the channel to HGTV or Sci Fi channel or Spike when the convention airs tonight, will watch the Palin speech to see what all the fuss is about. Some will be curious to see America's hottest governor, others will watch to catch a glimpse of Bristol's baby bump in the crowd or a shot of her handsome young hockey player fiance. Others will watch to see if she is really the "Dan Quayle in a skirt" they have been hearing about. Some will even be interested in her take on the issues....
If Palin performs even half as well as she did in Ohio last week (without a teleprompter much less) they will find out that in addition to being a mayor she has (to paraphrase a friend of Christopher Orr) played tough with "Big Oil" as head of the Alaska Oil and Gas Conservation Commission negotiating a proposed Alaska natural gas pipeline, exposed corruption in her own party, cut taxes and wasteful spending, slaughtered an incumbent governor in a primary with a 30 point margin of victory and won the general over a former Democratic governor. She will no doubt list many of her other life experiences, both personal and professional, that have prepared her for the vice presidency.