Spoiling for a Fight
As an addendum to Matt Welch's post below, if you click through the Badnarik ad on the right side of this page, you'll note that the LP is explicitly playing the "Bush's Nader" strategy, seeking to garner support from Democrats by suggesting that small-government conservatives in swing states who aren't prepared to vote for Kerry might nevertheless be dissuaded from casting a ballot for Bush by a Libertarian alternative. Strikes me as a clever tactic; I'll be interested to see whether it works.