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Obama dropping out is a GOP dream. The winning candidate could then point out that he couldn't take the pressure, and would not be running against an incumbent. Sorry, Republicans, it looks like you'll have to nominate a credible candidate. Though dropping out might seem attractive to Obama personally. Being able to rake in much more than he did as President, escape the fishbowl, even (it is said) return to Kenya, practice Islam and smoke a pack a day.
I want Obama to run. I want him to stand on the debate stage and held accountable for his incompetence. He won't be able to lecture the public about things he is unqualified to discuss without a teleprompter.