Today Gov. Romney announced that he will not participate in the Iowa Straw poll. I think this is a smart move. Last time Romney spent loads of money and time in a state just to win the straw poll and then lose the caucuses.
I am glad that Gov. Romney didn't give in to the pressure from Iowans on this one. Iowa is just not the ideal place for Mitt to spend his time and money. Romney is going to focus on states that he has a much higher chance of winning such as NH, NV, FL, MI in order to win the nomination.
Mark Halperin of Time Magazine believes this is all part of Romney's "Possum" strategy of laying low or playing dead in order to preserve his frontrunner status and reduce the likelihood of losing that status. Halperin goes on to say that Romney really has nothing to gain from winning the Ames Straw Poll. If he wins then he remains the frontrunner, but if he loses or even barely wins, then the press would have a field day painting Romney as "loosing steam."