Okay, this is getting a little silly here. Hillary is obviously at a disadvantage in CO, but I say she wins there before she wins GA, AZ, or MO.
That said, she will probably do worse in CO than in any other Obama '12 state, and she may even do better in NC than in CO.
While I don't completely agree, this is more reasonable analysis than the whole "Hillary is weak in Colorado, she has no chance there." Still, I think any given candidate's individual "strength" or "weakness" in a state is usually overstated. While Clinton may very well do better than Obama in Arkansas, I think it's ridiculous to say that it'll be even remotely close. She might do worse than Obama in Colorado (or she might not), but she could also do worse in other swing states as well. Especially against Bush, I don't see her winning Florida before Colorado, and I wouldn't be surprised if Ohio, Virginia, or even Iowa end up being more Republican than Colorado.