An active, passionate Romney supporter who watched Condoleezza Rice’s speech says despite his initial skepticism, he found her to be a fantastic asset to the campaign… but he thinks she’s probably a deeply flawed choice as a running mate.

I was at [the Romney campaign event] in Park City, Utah last month…
When Condi came to the podium, perhaps 15-20 percent of the audience (of around 800) gave her a standing ovation. I didn’t applaud. I didn’t mean to be rude, but her views on domestic policy, so far as I know, have never been expressed, much less tested; and on foreign policy, her tenure was a catastrophe. She was a poor National Security Adviser and a terrible Secretary of State. Like her predecessor, she advocated the views of the bureaucracy at Foggy Bottom more passionately than those of the President. She didn’t merely preside over the appeasement of North Korea, she actively promoted it. She did nothing to materially impede Iran’s march toward nukes. She repeatedly assured the world that Islam was a religion of peace and love (as though practices such as detonating suicide bombs,beheading journalists, and the like occurred with roughly proportional frequency among Zoroastrians, Hindus, the Amish, and the Mormons).
But… she gave a fantastic speech. Addressed what she identified as the three great crises of the past decade or so: 9/11, the financial meltdown, and, interestingly, the Arab Spring. Spoke passionately about the need for American leadership, and the ugliness of a world in which the absence of such leaves a void to be filled by nasty actors. Gave a heartfelt paean to American exceptionalism. All, of course, with no teleprompter and no notes. When she concluded, all of us in the audience sprang to our feet as if we’d just sat on a thumbtack. We didn’t just give her a standing ovation, we were roaring our approval. It was the heartiest applause of the entire retreat, and she earned it.
Condoleezza Rice could be dynamite on the campaign trail. I wholeheartedly endorse her candidacy for Surrogate Speaker Number One. But she’d be a disastrous choice for VP.

A not-great-quality recording of Rice’s speech can be found here.