The original analysis behind the FSP is really interesting and still available on their web site, linked off the logo below:
The basic idea was that a realtively small number of people moving somewhere could really transform the political climate in a state. The bigger the state the less possible it is that you can get enough people to move somewhere that it's going to make a difference.
The problem with Texas is that it's still 50% Democratic. And it has huge urban minority populations, tons of illegals, the entire Austin libtard colony. Thus any attempt to rally the whole state to start acting more like a sovereign state is likely to fail.
The alternative suggested in the wake of the FSP memeber election of New Hampshire was a new movement based on Wyoming.
Wyoming has the twin advantages of being the smallest population state in the lower 48 and also already having a very strong Conservative mindset, as reflected in the strong support that Conservatives and Republcans get in the state.
The FSW has a much looser organization than the FSP. Many have said it reflects "western libertarianism" instead of "eastern libertarianism", meaning less bookish, less atheist, more of the organic cowboy code of "live and let live".
Anyway, the FSW Forum is a good place to learn about their ideas:
They have already made some nice coins: 
Oh, yeah, the founder of FSW is 'Boston T. Party' the author of Boston's Gun Bible and the secessionist novel Molon Labe
