Actually I did consider calling this post premature something else but that sort of thing can attract unfortunate search engine rankings. But either way it is clear that the decision by Boris Johnson to enter the race for the London Mayoralty has sent the Conservative blogosphere into paeans of ecstasy not seen since the days when Margaret Thatcher was in No 10.
As a fellow-journalist, I have to say I had a fair amount of respect for Bozza. But as a politician? Well, suffice to say his is a precocious talent that has remained unfulfilled.
As far back in the mid-90s, when he was still on the Daily Telegraph and toying with a Parliamentary career, he was being talked about as the most promising Tory of his generation. Yet he seemed unable to make a clear choice between politics and journalism and was eventually beaten to the Tory leadership by a younger man.
His frontbench career has progressed in fits and starts. Michael Howard took a gamble on him and brought him into a prominent role, but ended up having to sack him after he was less than forthcoming about his affair with Petronella Wyatt.
For what it's worth, I thought Iain Dale was right that Boris would have benefited from the rigour of a tough internal primary against someone of Steve Norris's calibre. But that now looks unlikely to happen, and who can blame Norris for not wanting to play the fall-guy?
The fact that this chaotic and wholly unproven figure has been alighted upon by the capital's Tories as a potential saviour is surely a measure of their desperation.
19 July update: And this great story from the Mirror's Bob Roberts proves the point. I particularly love this quote from a "Labour source" which Bob couldn't possibly have made up:
"It may be safe to go back into the water. It's certainly not safe to go back to the Tories."