Ack, Cyclo caught the "literally" thing from Biden!
I think there are two separate things here though.
1.) Is it fair to characterize the current polling numbers as "a dead heat"?
My answer: Yeah, I think so.
2.) Does that mean that Obama doesn't have a better chance at winning the presidency than McCain?
My answer: No, not really. It makes sense that now is when things would be low (his week-long vacation, McCain trying his damndest to bring numbers down with a spate of negative ads, Georgia putting an emphasis on foreign policy), and it also makes sense that things will improve a lot from here. The VP announcement plus the Dem Convention will result in a bump. The McCain people are trying to manage expectations by saying it'll be a 15-pt bump -- I think that's unlikely. But there will be a bump, and I think it'll be a bigger bump than the Republicans get at their convention.
But, especially -- and I know this seems weird to us political junkies -- a lot of people just haven't paid that much attention until now. And there's a two-fer there; Obama seems to do better when people start to pay attention (some exceptions), and McCain's supporters seem to be vulnerable to learning more about him and changing their opinion. (Oh, he's
pro-life? Dang, I didn't know that.)