Seth Finkelstein explains it all:
I am not impressed by Barack Obama.
Yes, he makes nice speeches. Yes, he’s anti-war. That’s great. I don’t hate him. He’s a good guy for a Presidential candidate. However, I feel no great inspiration, and there’s a lot of ways he seems to me to be an inferior candidate to Hillary Clinton. He’s a lightweight in terms of track record, with no experience in dealing with all the mud that can be thrown at a Democrat by the Republican campaign apparatus.
These days, when someone makes an emotionally appealing speech to me, my guard goes up and I start considering how they might be trying to take advantage of me.
That’s pretty much my take. Hillary is, let’s face it, stronger all the way around than Obama. It was a tad worrying that her husband was doing so much damage to her campaign recently, but she’s reined him in, which is no small feat. Obama is doing the same tired old emotional populist appeal that Edwards has been doing forever, it’s just not credible.