"Reverse psychology" might put some fire in the belly, but don't give the enemy quotes ammo, Tom!
Liberals have a tendency to get loopy when they have power. Pumping up Hillary is not a bad strategy. Make the Democrats believe she is electable.
I can't for the life of me imagine Hillary getting elected. For one, she elicits a visceral negative reaction in most people. Her polling negatives are unmoving because everyone knows her. There are so many stories of her time as the Wicked Witch of the West Wing that can be pulled out to demolish her.
Obama is no juggernaut, either. Americans aren't so totally dumb they'll elect a guy to the presidency who has barely had any experience. Too many in the press over emphasize his charisma.
Another factor: There is a minority of people who simply won't vote for a woman for president. Let's say 10% of people won't vote for a woman. That's a small number, but a big hurdle since elections are now won by the number of people who can fit in my house. Worse yet, from my personal experience, the group that is most biased against women is...women. I've known a number of women who wouldn't vote for a woman and wouldn't work for one. I don't support this view, but it's out there, and it doesn't help the Witch.