This is a smart ad from the Ron Paul people: It ties Ron Paul squarely to Ronald Reagan and it hits Rick Perry where it hurts most in a Republican primary: It trumpets the fact that he backed Al Gore's presidential campaign in 1988.

One weird misstep: Note the punching of the words "the one" when a picture of Ron Paul comes up. That's a continuation of the Paul camp's messianic imagery, and it doesn't help with the "kooky kollege kids" problem that the Paul campaign is dealing with.