Over at The View from Taiwan, Michael quotes a recent Wang Jin-pyng statement that caught my eye:
Wang said that a Ma-Wang ticket would not be a threat to the DPP because the DPP has prepared itself for beating Ma in next year's presidential election. "I think that's one of the first times Wang has specifically pointed to himself as part of the pro-localization faction (本土派). In the past, I think he has avoided taking the label. But this is very good news in my mind, as it confirms what I've always hoped, which is that Wang = Lee Teng-hui II, and he's preparing to make something happen.
Only a presidential ticket led by a pro-localization candidate can help the KMT win the election," Wang said, without elaborating.
I even found a quotation from an interview in the past where Wang denies being part of the pro-localization faction:
記者：海外讀者對您有些看法，如認為您是李登輝的人，「藍皮綠骨」等等，您有什麼回應？I think the most Wang-friendly and likely scenario goes something like this: Ma runs for president, Wang waits it out; Ma looses the race, Wang becomes default KMT leader; Wang takes localization reform steps after the election in the name of putting the KMT in a position to win.
王：由於我是台灣土生土長的政治人物，所以就被人稱作「本土派」，其實我是「全民派」。台灣人民都 是我服務跟奉獻的對象，也是我要爭取的對象，我從來沒有認為「本土」與否。「本土」與否是別人的看法。我在立法院所做的工作是「全國性」、全面性的。我是 不分族群、階層的，所以我是「全民派」不是「本土派」。
On the other hand, Wang could get squeezed out if he doesn't go for the KMT chairmanship, or if he is so tough on running that he doesn't even take a VP slot.
If I were him, I'd bet on one more KMT loss in 2008 and take the reigns from there.