Remember, Rand can't just jump back into the Senate race if he loses Iowa and New Hampshire. The Kentucky legislature and governor won't let him do both unlike other states. So if he loses, he really does lose everything. Then what? Is it worth taking an all or nothing gamble when stakes may not quite be as high and the risk too great? Not every Presidential election IS THE MOST IMPORTANT ELECTION IN THE HISTORY OF MAN! No, they're not. In fact some have been quite downright inconsequential. I'm getting the feeling 2016 is just that.
My hope is both parties will nominate war-statists/nationalists in 2016 and Democrats are well on their way to doing so. If the GOP does the same, then 2016 can be the year LP finally is able to gain a foothold as a player in national politics with the right Presidential candidate. In fact, the LP nomination would be a great prize to have. That would make 2016 worth it, not just a charge into the windmills. Remember this too, you're not going to be able to pull off the same elect the delegates separately from the primaries and caucus strategy anymore, the national party has eliminated it. The delegates will be allocated accordingly to every straw poll taken, every primary vote. You just can't win these later on in a state convention anymore. Rand's got to win, not just show up. I'll think he'll have a better chance in 2020 than 2016.