A few years ago, I would have thought this was a great idea. Now I see what a total non-starter this is.
If the 'real conservative' politicians and voters
wanted to leave the GOP, they would have done so already. People are still clinging to the GOP for dishonest reasons. They claim it's because they're waiting for a 'real conservative leader' to rise, but then they go and vote for guys like Bush and McCain. Waiting for a 'real conservative' indeed.

You're waiting for a real conservative...and in the meantime, you'll vote for whomever the RNC tells you to. Way to take a stand.
If George Washington were still alive and decided to run third party, he might get a few dozen more votes than Bob Barr did in 2008, and your average Republican would say "well, I liked his platform, but he had no chance of winning, so I held my nose and voted for Olympia Snowe."
The people have spoken, and party is more important than principles. The sooner Sarah Palin realizes that, the less embarrassing it will be for her in the long run.