I ask you this question.  After 7 years of George W. Bush, who would you vote for in 2008 if it was Bill Clinton vs. George W. Bush?  I would argue that Bill Clinton is more conservative than our old friend W.  What has George W. Bush really done that is conservative?  He cut taxes in his first term without cutting any spending.  That was great... but what else has he done?  I can list several things that he's done that have been very liberal:
1) No Child Left Behind
2) Campaign Finance Reform
3) Recent Global Warming Initiative
4) Fighting a politically correct war in Iraq and Afghanistan
5) Immigration Reform
6) Deficit Spending
7) The Department of Homeland Security

I can list several conservative things that Clinton did:
1) Reform Welfare (Bush has increased it by 5.5% in his presidency)
2) The Defense of Marriage Act
3) Limiting Homosexuality in the military with "Don't ask don't tell" (I know it's not the best solution... but it at least limits it)
4) Balanced Budget

George Bush talks about how he "sticks up for family values."  He has not done anything to actually advance that agenda.  He pushed for an amendment banning gay marriage.  We all know that's not ever going to happen.  He talked about privatizing social security.  He talked about reducing the size of government.  He talked about a lot of things.

Sure Clinton was weak on defense, but so was Bush until 911 happened.  Clinton worked hard to run a balanced budget and reform our most burdensome socialist scheme, welfare.  Reagan often said that government is not the solution, it is the problem.  Clinton lived by this slogan while Bush tries to solve every problem with more government.  I would vote for Clinton over Bush without even thinking twice about it.