Much like his NRA speech, I think that in terms of the arguments he put forth, Giuliani did about much good as he could do before a skeptical crowd. There were plenty of applause lines on the easy areas of agreement โ€“ but after a while, you hit a ceiling. I can easily see attendees thinking, โ€œI like his cleaning up Times Square, I like his fight with the Brooklyn Museum, I like his work with faith-based organizations on welfare-to-workโ€ฆ but at the end of the day, I want a pro-life President.โ€

A roundup of other reactions: Erick Erickson of RedState thinks the consensus view is now โ€œheโ€™d at least be passable, if not palatable, in the general.โ€ (He also notes that NROโ€™s Mark Levinโ€™s argument that a third party means another Clinton in the White House is getting a strong, positive reaction.) N.Z. Bear raves:

Yes indeed, Giuliani received a standing ovation (like every other candidate to speak thus far). No sign at all of any negative reaction, and his standing O seemed to be a genuinely enthusiastic one.
OK, my reaction. I think this was a truly great speech: nearly pitch-perfect for the audience and about as well received as could possibly be hoped for by the Giuliani camp. Iโ€™m about ready to declare it โ€œbrilliantโ€, in fact.

Phil Klein saw a quieter reaction: โ€Giuliani was politely and respectfully received by the crowd, though I noticed that while much of the audience stood, some remained seated.โ€ During his minute-by-minute update, Reasonโ€™s David Weigel writes โ€œI think the crowd has warmed.โ€