^^ Well, that's a little to optimistic. However, I am a Democrat, but in 1976 I would vote for Ford.
Map:
President Gerald Ford/Former Governor Ronald Reagan: 303 EV. - 51.6%Former Governor Jimmy Carter/Senator Udall: 235 EV. - 47.0%However, I'm not sure about Florida. Carter wins it in my scenario by a 49-48% margin. The GOP ticket wins anyway, with Vice President Reagan being elected in 1980 (as Pres. Ford is term limited).
Reagan would then go on the win in 1984 while 1988 would be democratic again. It's amazing, that we would have a republican White House for 20 years (1969-1989) despite of Watergate.