Here's the % swings needed for each party to gain Moray (compared with Election 2003)
Conservatives: 9.85%
Labour: 11.54%
Liberal Democrats: 15.02%
Scottish Socialists: 19.09%
Supposing a swing from the SNP to the Tories took place and that was supported by a the defection of leftie SNP’ers and Labourites to the LibDems a Tory win would be a strong possibility.
No doubt I'll be disappointed and see the SNP hang on... but it'd be interesting to see a Tory win, so I hope what Afleitch reports is true, what evidence of the Tory campaign I’ve seen seems pretty solid, so we might see a Tory by-election win which would be very satisfying, especially in Scotland and over the SNP.
Not that I have a clue what’s going on up there, but the letter fiasco can't have done the Tory campaign any good - what is it with this party and incompetent/poor by-election campaigns, sometimes I think I could run a better campaign than they do - so I'm not terribly optimistic. I've been lead up the garden path too may times by optimistic by-election predictions so I suspect a comfortable SNP hold on a low turn-out.
Your optimism makes me wonder Ben, have you officially converted to the Tories?