Update, 1/23: Slapstick Politics has great analysis on the speculation and ideas for the GOP to seize these sorts of unique opportunities that 2010 provides.

Face The State went deep into the rumor mill today:

The U.S. Senate race recently made its way on to Republican radar after Ritter appointed the little known Michael Bennet, who at the time was serving as DPS superintendent, to the seat. Bennet’s biggest weakness right now is that he’s part of the East Coast political aristocracy. Republicans need a fresh face and a down to earth candidate to challenge him, which is why we were so excited to hear that Aurora City Councilman Ryan Frazier may be considering a run for the seat. “It’s fair to say that right now I’m considering where I can have the greatest impact going forward,” Frazier said.

An intriguing possibility. If the GOP wanted to go outside the box with a “fresh face”, youthfulness, strong credentials, and a liberty-loving backbone, Ryan Frazier would fit the bill. But judging by the Dead Governors’ mathematically-challenged “Big Line”, Colorado’s Left-leaning political establishment doesn’t see Frazier coming. And maybe he won’t. But at this point, the Republican Party could do a lot worse.

More speculation on this topic later.