2000 and 2004 were pretty much the same dynamics. Same battleground states.
2008 - as Michael Barone has stated, different dynamics. Can Obama steal away Colorado? Can McCain carry Pennsylvania?
Much more interesting election in my opinion.
Even Hillary would be much more interesting. You take Colorado and Virginia off the table and replace them with the upper South and the Pacific Northwest. I also suspect the upper Midwest will be more in play and New Hampshire probably flips. PA probably goes off the table and Florida moves back on the table.