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.