The question a lot of people are asking ourselves is this: Can it get any better for Gordon Brown than this? The polls show a narrowing Tory lead. Economic figures confirm Britain it out of recession. Bullygate seems to have had no impact on the polls.
Ladbroke's have suspended betting on a March 25th election. According to Guido, BBC political staff have been ordered to cancel leave this weekend. Holding a 25th March election means a budget would not have to be held. It would avoid the danger of GDP figures showing Britain has slid back into recession (which come out at the end of April) and also the new tax rises would not yet have kicked in.
But, would Gordon Brown really call an election on the weekend Cameron is making a big speech at the Tory Spring Conference in Brighton? Can the Labour Party really afford to fight two elections within six weeks? Isn't he worried that the polls in marginal seats still indicate a good Tory victory?
The danger for Brown in the next 48 hours is that he allows a repeat of the Election That Never Was to happen. Where speculation gets out of control, he marches his troops to the top of the hill, only then to march them down again.
If he allows that to happen he really will have lost the plot.