I agree--a third party could split a vote block, and we might elect another marxist unless the economy improves for citizens (and it won't).
But none of the so called Conservative media (radio and TV) could see any other way than to "revitalize the Republican with Conservative candidates".
Since the Dem party, and the Rep party is infiltrated with progressives, I don't think revilitizing the Rep party to Conservative values, will be any easier than revitalizing the Dem party to do the same.
I want to see either one of the parties disolve, or merge, so a real Conservative party can rise up and give us a clear choice like we have never seen in our lives.
That concept seems to to be hard to grasp for the Conservative mouth pieces.
It really does depend on which tactic one believes is most doable. Is forming a new party aligned along the principles of modern conservatism more likely to result in a split voting block and 6 or more years of ever-more extreme leftism, or will it rally the conservative faction, rid itself of the republican neocons, and reduce the republicans to an ever-dwindling also-ran third party?
Likewise, but from the other direction, will attempting to retake control of the republican party result in a strong return to the principles of modern conservatism backed by a strong party, or will it result in a fractured party which cannot get a cohesive platform, rife with internal bickering, and result in 6 or more years of ever-more extreme leftism?
Frankly, for the short run, both the "retake the Republican Party" approach and the "form a real Conservative Party (from scratch)" have the stronger possibility of backfiring than working.
IMO we need a comprehensive, non-reactionary, long term PLAN. First, we need to take full advantage of the democrats stepping on their collective dicks, and get the far left out of power as fast as possible - even if it means replacing them with a bunch of empty-shell Rinos. Meanwhile, we also work on producing a solidified conservative movement front to take over from the Rinos when they step on their collective dicks.
The thing is, the people are getting tired of tossing one for the other, only to end up disappointed and angry at the other within a voting cycle. But as of now, the majority only see two possible choices: dems or pubs. Rats or Cans. (no wonder many don't vote!) IMO a concerted conservative front cannot be brought together in time for 2012, let alone 2010, despite the Tea Party movement. Too much history to overcome is so short a time -especially when MSM is 100% against them - even Fox. But let the people toss the dems in '10/'12, as is highly likely to happen now (IF we don't get in too big a hurry and end up splitting the vote like happened with Ross Perot.), Then they'll get a new dose of the modern republican party for the next four years (which is marginally better than what the left is offering - more short term damage than long term) and THEN the general populace will be ready to accept - in fact will be searching for a NEW alternative: the moderates who are, in fact, can more closely associate with classical liberalism that either the modern liberalism of the democratic party (socialist progressivism if the truth were told) or the neo-conservatism of the republican party.
In short, get the dems out now under a united (choke back the vomit and pull the lever anyway) front, and THEN, use the additional time to formulate the needed, REAL, American Conservative movement either through the Republican Party, or through development of a new party, or, maybe, both.