I really think that we will do better, because IMO Obama if elected will fail as a president, and may lose in a landslide when he runs for reelection. The coattails will probably give the GOP a bunch of seats in congress. That said, a bird in the hand is worth two in the bush.
But seriously, how is anyone supposed to know how the political direction of the GOP will go? All of this speculation seems very odd at this point in time.
Nor can you predict whether Obama will succeed or fail as President. No one thought Bill Clinton in 1994 or Reagan in 1982 looked like winners (or Bush in 2002 looked like a loser).