Jeb in '12?

Jill at Brilliant at Breakfast foresees a Jeb Bush run for president in 2012. I think her logic makes sense, but I think Jeb is smart enough to know that his real shot is in 2016, when a lot of the Bush dynasty talk would be muted by the high likelihood that his most likely Democratic opponent would be Hillary Clinton. Of course, all bets are off shoud President Obama's popularity take a hit between now and mid-2011.