He possesses something that many of the other nominees do not - charisma and statesmanship, with presidential roles these are very important personalities.
Now, he may be a social-conservative (of which I am not), but he does seem to be a constitutionalist, in favour of state-rights, and seems to have run Texas with some level of success. That's more than what we can say about Obama. Personally, I'd rather Johnson or Paul, but, let's face it, it's not going to happen.
Out of the three current front-runners who are likely to win the nomination (Romney, Bachmann and Perry), I prefer Perry thanks to his charisma and track record with economic success in Texas. I think either Perry or Romney would have the best chance of beating Obama... and, frankly either will be better.
Basically, I'd want Paul or Johnson, but I think Perry is the best candidate out of the ones likely to go somewhere. No President at all would be better than Obama (or, exactly the same).
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