That is far better than deluding one's self into thinking Romney will do anything but set back both the conservative movement and Republican party for at least a decade if not longer.
Romney will do nothing to help the conservative cause. He's basically a status quo kinda guy. He won't shrink the government in any way. A slight expansion of federal government is even more likely.
Unfortunately, if he is the GOP nominee, he will be the only person on earth with a chance to prevent Obama from a second term.
By the time Obama finishes a second term, we will be a European style socialist state, on the verge of a bankruptcy that will drag the entire globe into the abyss. A few decades later, the government that rises from the ashes will most likely be some form of a global marxist dictatorship.
That said, you're right. Romney will be bad for conservatives in this country.