Lets look at the math.
In the original vote in MI, Hillary won 55% and in FL, she won 50%; in MI, Obama is assigned the 'uncommitted' vote of 40% and won only 33% in FL. IF both states conduct new primaries, Hillary will only win 60% of the vote (she has only carried one state with more than 60% of the vote - her 'home' state of Arkansas; she carried her new 'home' state of NY with 57.4%, her next highest percentage) so she will gain, at most 10% of the popular vote. Now, lets assume that neither is Texas or Nevada (strange delegate allocation rules) and award strictly proportional delegates. AT MOST, this will gain Hillary at total of 29 delegates (21 or 10% of Floridas 210 delegates, 8 or 5% of Michigan's 156 delegates) and 200,00 popular votes (170,000 of Florida's 1.7million votes cast, 30,000 of Michigan's 600,000 votes cast). I have rounded all numbers UP in her favor. Given the current pledged delegate gap of 150 delegates and the popular vote gap of about 700,000 votes (which includes the FL and MI votes already cast), she is still CLEARLY far behind. If we add her 'gains', she is still behind by over 100 pledged delegates and half a million votes!
Sources:
http://www.realclearpolitics.com/epo...ote_count.html ;
http://www.realclearpolitics.com/epo...te_count.html; http://www.cnn.com/ELECTION/2008/pri...s/scorecard/#D
Also see
http://demconwatch.blogspot.com/2008...y-numbers.html for yourself. Worst case scenario, Obama STILL leads in pledged delegates.