MCCAIN’S SPEECH: Not bad. But, like Obama, he was overshadowed — Obama by Bill Clinton, McCain by Sarah Palin.

UPDATE: Thoughts on the speech from Professor Bainbridge. And more from Megan McArdle. Meanwhile, on TV Karl Rove is saying “It’s the best speech he’s given on a Teleprompter, but it’s not that great. . . . It was a workmanlike speech but it’s not what we saw last night.”

John Hinderaker on PJTV: “This was not a speech that was pitched to political sophisticates at all. It was aimed at the middle.”