There are 2 bits of conventional wisdom in the "elite" media :

1. that the "pandering" of Clinton on the Gas tax Holiday backfired.  As their logic goes, Obama stood up and told a hard truth and was rewarded by the voters.

2.  that Obama has overcome his "elite" and "Rev. Wright" problems

I disagree with the whole template of #1, but without attacking the premise, the conclusion is clearly wrong.  As for #2  the facts from the NC exit poll proves them wrong:

1.

http://www.cnn.com/ELECTION/2008/primari es/results/epolls/#INDEM

The race started out with Obama +4 (very close to his prediction weeks ago)--I got this number from those who made up their mind before the last month.  Then

Hillary won the last month +4
            the last week  +12
            the last 3 days +16
            the last day +14

That means for the last month as Hillary was attacking on the gas tax, Hillary won by numbers that would have given her momemtum in the race in almost everyone's eyes.  These are the facts, rather than spin.  

Obama started off with a lead, and lost it.  The media knows this because he predicted it in his spreadsheet, and it hasn't been wrong very much.

What happened was that the media felt like throwing the race to Obama and waited for the opportunity from the NC "blowout".

2.

As for Obama moving past his elitism and "Wright", the best comparison is looking at Virginia and S.C., compared to NC.  These states are very similar with large black populations and rather conservative whites.

Obama did well with african americans.  I'm discounting this only because for the last 3 months there has never been a dip in any state in the black vote below 75-80%.  This means that as a group A.A.'s aren't paying attention to the debate, they are voting for Obama based on race.

White women, and White men however have voted for Obama in Wisconsin, South Carolina, Virginia, Maryland, etc.

So they are "gettable"

http://www.cnn.com/ELECTION/2008/primari es/results/epolls/#NCDEM

Yet in NC,  Clinton won:

White Democrats by 25 points in NC
White Independents by 20 points in NC
Republicans (mostly white) by 28 points in NC

For Hillary to drop out under these circumstances would be irresponsible.

What if there has been a permanent change in that Obama can win A.A.'s and educated whites, and then is stuck?

We will find out in Oregon for sure.
If Obama loses the same demographics as he has the last 2 months, he is a flawed candidate.

HRC is actually stronger after Indiana and N.C. that she was beforehand.  Look at the facts.  The question is whether Democrats will choose facts over emotions.

We can complain in November or win and sort it out later.
HRC for POTUS is still on track!