Clinton as Sec State?

I don't know what to think about floating Hillary Clinton as Sec State. My first gut reaction is that floating her name is a payoff.

From the Clinton side, there's no reason for her to take that job. Afterward, she would have no opportunities she doesn't have now, plus she'd have given up her Senate seat.

From the Obama side, you still would have that competing centers of power problem that kept her from being VP.

Then again, there seems to be a second wave of reporting murmurs giving this more credibility.

And, (CNN) Clinton and Obama did meet in Chicago yesterday.

Also very odd. All the stories in all the major outlets contain exactly two aides confirming the story which says this is a very coordinated and intentional "leak."

Later: Definitely add FirstRead's political calculus on this.
(Take a rival out of the Senate. Take Clinton off all domestic policy (healthcare.) Remove Clinton from campaigning and domestic politics. Cynical, but very interesting.)

PS. If she does end up as Sec State, I think she'd do one hell of a job. (I really think she'd be great at anything she wants to do.)

The only complication would be Bill Clinton who would surely become a very influential backchannel, which could be amazingly powerful or very complicating depending upon how it was used.

Later Still: Nico Pitney of HuffPo claims that Obama offered Clinton the Sec State position at their meeting. I'm skeptical.