He was the Favorite at Matchbook at +300, now it's +1600. When the smartest rat on deck decides to jump ship, you can be sure a shipwrecks on the Obama horizon. I like Webb and I'm right of center but would have supported Webb over McCain in the general.
I think Obama might be relieved in the long run, Webb would have overshadowed Obama. I'm glad he's out of the running, certainly a big boost for McCain.