South Carolina did reduce the Republican field. Thompson is out. While Huckabee has a shot at Georgia and Alabama on Super Tuesday, perhaps Missouri, and even Tennessee depending upon what Thompson does there, he’s running out of money. McCain is now the front-runner, having won South Carolina and New Hampshire and in the process defeating Huckabee and Romney each head-to-head. Huckabee won only Iowa, and of the major contests, Romney won only Michigan. McCain leads Giuliani (and Romney) in Florida polls taken before McCain’s South Carolina victory, meaning McCain's lead should grow. And if Giuliani loses Florida, he’s done.
Romney’s money gives him staying power. He’s running 2nd now.