Obama's speech was full of generic democratic party sound bites. Almost nothing new, that hadn't already been stated by Clinton, Gore, Kerry, and others: "We're going to take our country back! We're going to solve the housing/fuel/environmental/social security problems by soaking the rich, gutting the military, and passing middle class tax cuts.
Palin is a great pick for McCain. If nothing else, it will shore up his support among conservatives, and throw the Obama campaign a curve that will yield them nothing but a foul ball.