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Yeah, but the argument could be made that if Obama wants to face Romney, they’re better off having Cain split the conservative vote with deep-pockets Perry. It’s way too early for them to be hacking at Cain. Likewise, if you’re the Romney campaign, you don’t want to give Perry more momentum earlier than you need to. It’s actually the Perry team who would benefit from this early drop. He’s known for going negative and playing hardball, but obviously we’ve no shred of evidence that it comes from his camp.

It's a moot point since Perry's camp knew about it in advance, but I think Romney would be terrified of Cain racking of millions of dollars in a short amount of time because one of Cain's biggest problems was a lack of money. Cain can't pick up Romney's supporters - those people have sold their souls to the devil to support him, but with enough money, Cain can unify a lot of Conservatives. That scares the hell out of Romney, the idea of Cain pulling ahead of Romney in more areas well before December rolls around.

Moot point, and in hindsight, you're right, Perry is known for going negative and Perry has to do something to get out of the single digits. He can't wait until Iowa rolls around.