Will we ever reach a greater than 2 party system?

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new to the forum. i don't think there will ever be a greater than 2 party system because of how our government is structured. it'd be harder to get things done legislatively, and there aren't really any distinctive third parties (besides the Libertarians.) green basically being Democrats on 'roids, as far as the issues are concerned.

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What if the far-left and far-right combined to form a populist party that has different ideologies based on the region that they ran in? Palin/Huckabee/Franken/Sanders all together, but they would be for low middle-class taxes, bringing jobs back to America, and supporting cheaper health care.

The teabaggers and the far left could come together against the big corporations and the bailouts, plus the Ron Paul libertarians could join too. I think that the middle of both parties allow too much influence from corporations.

I'm a progressive Democrat, but I'm from Illinois, meaning I would effectively represent my region. Would any Republicans think that this could be a good idea?

that would be a fractious coalition, it would be impossible to decide on a nominee to bring the party together, because by definition it excludes any "moderates."

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not so much that i like "moderates" either, but what southern conservative is going to support sanders? what "progressive" would support huckabee? what libertarians would support Franken?