Ron Paul Catches Gingrich in Iowa

The first chink in Newt Gingrich's surge? A new Public Policy Polling survey shows that his lead in Iowa has dropped from 9 points to 1 point in a week. And the beneficiary isn't Mitt Romney but Ron Paul. The new figures have Gingrich at 22%, down 5 points, and Paul at 21%, up 3 points. Romney sticks at 16%.

What's it all mean?

• Adam Sorensen, Time: The poll could be a fluke, but "Gingrich’s lead was always tenuous and it’s not surprising that the absolutely brutal ad campaigns against him have at very least slowed his ascent."
• Ed Morrissey, Hot Air: It might be time to start thinking about a deadlocked convention. "Paul winning Iowa just might mean the GOP nominating Ryan, Christie, or Daniels."
• Tommy Christopher, Mediaite: "Unlike Gingrich, Ron Paul has the fundraising and organizational apparatus to take him beyond wins in early states, so a victory in Iowa could very well propel him to a brokered convention, or more." The mainstream media doesn't much like Paul's chances, "but results like these make it increasingly difficult to ignore him."