Reagan was a serious contender four years before 1980. He had been “in the arena” since his famous speech for Goldwater and his two terms as governor. For all I know, his fundraising at this point in the campaign might have been deficient, but the cost of running for president back then was no doubt less than it is now.
We do live in a different time then Reagans...that’s for certain...and thus this election will indeed have it’s surprises....regardless I have no doubt should Palin run...which she’s been doing for years....money will not be an issue.