Yes, I do think she is qualified. President does not need to be a security, foreign policy or economy expert, that's what advisers are for. The only requirement for being the president(except the official ones like being being an US citizen, at least 35 years old etc.) is being able to lead. Both Sarah Palin and Obama have already proved they are able to inspire people and remain calm & confident under extreme pressure. That is why they are both qualified.

Yes, Palin is a risky choice. There is a risk that her lack of high quality education will prevent her from making the best decisions for the American people or that she will try to force her radical social views on the society. But it's not like Obama isn't a possibly problematic choice either. His economic views are based on an intellectual tradition that is basically Marxist in nature. Wealth redistribution, class envy, welfare state....those are bad concepts that failed everywhere around the world. And what do you think will happen when the bad guys find out that the POTUS won't use military force no matter what?

In any case I'm done here. Kudos for an attempt to have a civilized discussion and to actually find out what the "other side" has to say.