Yeah, if he decided to not be a crazy libertarian, and be a sane human being, it would have been great. I don't necessarily think his gold standard is ridiculous, and I think eliminating the dept. of education, while potentially good, is politically unfeasible. But a party based off of small government and trustworthy government could be VERY successful in the next decade or so.
And I agree with him that in the end, we should keep a lower profile in world politics. If someone is going to attack us, stop them, but thats it. Don't go into nation building... And I agree with him here. Our government should stay out of Irans business. If individuals want to help the Iranian people, thats fine, but the government shouldn't.