Great discussion and right on time because this is something I am wrestling with.
After the passage of the Real ID Act I can honestly say that was the last straw with me supporting the Republicrats. The GOP nowadays are no better then the Dems, my eyes are finally open.
As for the Republicans being the "best and only option" even though they continually bend us over time and time again with liberty robbing bills ask yourself, if Kerry would have been elected what would be different? We were all dead set that he would have passed tons of anti-gun measures but much like under Bush the House has been the only reason we have not seen any anti-gun laws going anywhere and I suspect it would have been the same even with Kerry as President even if he fell back to being a gun grabber. The war? Listen to the debates, neither Bush or Kerry knew what to do with the war, we are stuck there with no signs of it ending anytime soon. The ever increasing bloated expanding Government? Bush's policy on this is an exact mirror of even the most liberal of Democrats..
Getting back to the topic at hand, does the 3rd parties have a chance yet? No.
In the case with the LP as noted here they fail to get grass roots laid on the state level. While they love to tout their 600+ elected offices they hold look at those offices. School Board Officials, Water Board Officials, etc... are not real offices and not any office of consequence. They really need to work on state level legislature seats to move up the chain rather than spend the bank on a worthless and ineffective Presidential Candidate that will have no chance. Work on single state, win some seats in that state and begin to implement your ideals and prove they work, work seriously on a Governor Chair after that then move to the next level which is Federal. Texas, NM, or even AZ would be a good start for this.
Speaking of failed Presidential bids.....
If this is the best candidate you can find, I would seriously examine where your party is going. Dr. Harry Browne and Dr. Ron Paul were rather good candidates and just the people you need to lead the party but Badnarik? I have heard his speeches and he is a rather poor candidate because he is not well rounded. He is great at Constitution issues but absolutely sucks on any other issue. In this last election which saw the most voter turn out ever he failed to even get the amount of votes the Dr. Browne did previously in 2000. An epic swift kick in the butt that should have and I hope brings them back to reality about Presidential bids and questionable sanity candidates.
As for the LP platform, yes the drug legalization and open border issues are the fly in the ointment for many potential voters who would go LP if it weren't for those 2 points. This thread is a great example of that. While if you really examine the LP's platform and ideals concerning these issues it does make sense but the average voter does not see past the glib or lip service any candidate pays during speeches or the debates.
As for wasting your vote, I don't buy into that. The GOP and Dem elected officials sell us out at every turn then waive patriotic images of how they are the true freedom fighters in politics and stand by the oath they take when inaugurated, in other words total and complete hogwash. So long as you vote for these candidates because of the (R) or (D) rather than who is actually better for the job,
that is wasting your vote. When you place a vote for the lesser of 2 evils rather than throwing your support to someone who fights for what you believe,
that is wasting your vote. When you set your ideals and belief's on how this country should be run aside for more of the same,
that is wasting your vote.
The biggest point to 3rd parties is not to win a miracle but rather keep the big 2 in check. If the big parties do not see a decline in their voting base and increase of votes going to the 3rd parties they will never be inclined to change their policies and platform to help bring back the defection vote, it will just be more of the same and we all know how that is going.
So in closing I support the Libertarians even though they have some work to do to even become a thorn in the side of the GOP but it is my hope that if the Libertarians continue to tread water in politics and not progress further that at the very least they can bring the GOP back to the Conservative side of politics, even if it is just a small measure of return because anything is better than the RINO's and neo-cons we have now.