In the latest development in the Bataan death march that has become the 2008 presidential race, NYC Mayor Michael Bloomberg has just switched his party registration from Republican to Independent. This is a move that's necessary for him to start gathering signatures for a presidential run as an independent, and it's being widely assumed that that's just what he's doing.
I'm not sure what to make of this. As a resident of the greater New York City metropolitan area, I personally like Bloomberg for a number of reasons -- mainly for his success in not being Rudy Guiliani -- and think he'd restore a level of competence to government after eight years of President Shortbus Clusterfuck. As a Democrat, I'm intrigued at what a former-Democrat-former-Republican-now-independent would do to the race. (Preliminary polling suggests it might help the Dems.)
But mainly, as someone who reads and watches our elite media pundits, I'm reserving my judgment until I learn more about how he smells.