I agree that the mainstream media's concern over Palin's "qualifications" are a smokescreen. And she indeed would have been better than Obama, of that I have no doubt.
However, her resignation as governor does give me pause. I think it does call her determination into question. I think that's a huge thing. It's like saying a Naval officer was "qualified" to captain his ship, but he resigned mid tour, so now he's going to ask for an even bigger command?
Someone who's a good policy wonk like a Bobby Jindal, with Palin's folksy charm, and Fred Thompson's delivery and air of gravitas is what the GOP needs. We've got our Carter in office now. We need our Reagan on deck, badly...
For me, the import of her resignation is undetermined- it could signify good or ill.
First of all, I think she was thrust into the national spotlight prematurely. I would much rather she have completed her governorship first.
However, since then, she has been enemy number 1 of the left. She has been under constant attack that has not only cost her state, it has also cost her family and their personal wealth. (The left aren't satisfied with defeating you, they want to DESTROY their political opponents, including personal life and finances.)
As a result, though I would prefer she have finished as governor, she at once prevented the left from filing frivilous claims against her and afforded herself a means to recoup the losses they have imposed (and, hopefully, then some).
It could also have been purely for personal gain. I tend to lean towards the former explanation, though.
Is she the perfect candidate? Not at all.
Would I prefer she have more experience? Most definitely.
Is she one of the better options? Undoubtedly (as you mentioned, Jindal is another good option).
Does she absolutely infuriate and frighten the left? Here's a BIG yes. For that reason, I am of the opinion she is a good choice for president.
