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Here’s a snapshot from Intrade yesterday. There is evidence that Hunter is gaining ground in Iowa.

For the Iowa caucus, Thompson is at the bottom of the pack, Romney has regained the lead from Huckabee. Ron Paul and Hunter are both embedded together, so there’s no way of knowing if he’s gaining ground, but on the basis of the president.field contract moving, I’d say he’s probably at ~0.3 and Ron Paul is at ~4.8, which puts Hunter ahead of Thompson.

Caucus
REP.IOWA.HUCKABEE
Mike Huckabee to Win M 45.0 46.0 45.0 1690 +5.0
REP.IOWA.ROMNEY
Mitt Romney to Win M 40.2 54.9 50.0 1960 0
REP.IOWA.THOMPSON(F)
Fred Thompson to Win M 0.1 1.4 0.1 642 -1.4
REP.IOWA.MCCAIN
John McCain to Win M 0.6 4.4 0.2 860 -2.8
REP.IOWA.GIULIANI
Rudy Giuliani to Win M - 0.1 0.1 701 0

REP.IOWA.FIELD
Field (any other individual) to Win M 4.7 5.9 4.8 1384 +1.0

2008.PRES.FIELD
Field (any other candidate) to win 2008 US Presidential Election M 0.2 0.3 0.2 14910 +0.1

According to Intrade, the winner of the December 12th GOP debate was... Duncan Hunter.
http://www.freerepublic.com/focus/f-news/1938773/posts

Why the smart money is on Duncan Hunter
http://www.freerepublic.com/focus/f-news/1926032/posts

In this poll Hunter is up 3% and even with Paul and Thompson.
http://www.wxyz.com/news/local/story.aspx?content_id=3481ef60-8195-46a9-af04-b87b907bcfdd