"I see no problem with a 3rd party so long as there is a run off between the 2 with the highest amounts of votes when it comes to the Presidential election. A 3 way Presidential contest will probably have a winner that most voted against. Like the classic 92' election where 60% plus of the voters voted against the winner."
Even better would be a proportional electoral college. If neither "demopublican" gets the magic 270 EVs, the third party or party candidates get to act as kingmakers, forcing the person they give their EVs to adopt their positions.
Take it up with the Constitution. So far, I'd vote no to that proposal.