Palin Won't Run
Half-term Alaska governor and former VP candidate announces she won't seek the GOP nomination.
One more high-profile Republican is saying "no" to the presidential race.
Sarah Palin announced her much-anticipated decision Wednesday evening.
In a web video and statement and on Fox News Palin told supporters she considered the impact on her family and decided she's not running for president.
"You don't need title to make a difference in this country. I think that I am proof of that," Palin said.
Analysts say it's no big surprise.
"She's laid no groundwork anywhere, she had no staffers anywhere, she hadn't been seeking support in any particular place," points out NBC political analyst Howard Fineman.
Polls showed her popularity sinking.
So where does that leave the other candidates?
Newt Gingrich says she would've been "formidable."
Michelle Bachmann says she has an "important voice."
Rick perry calls her "a true patriot."
Some think having Palin in the race may have actually helped frontrunner Mitt Romney.
"There are fewer and fewer conservative candidates dividing the Republican conservative vote. That's a problem for Mitt Romney," Fineman says.
Palin says she'll remain active, focusing on Congressional and gubernatorial races.