It appears Hillary Clinton will be Obama's Secretary of State.
I can think of worse picks—considering the "picker".
Noemie Emery at The Weekly Standard has written about Hillary in The Great White Hope.
She tells the story of Hillary's very odd, but strangely compelling metamorphosis from the Right's most hated Democrat, to their last hope in an Obama administration.
Emery is very forgiving, and may just be a tiny bit credulous with regard to the sincerity of Hillary's "change".
We'll find out.