Maybe, reports the American Spectator. The Oklahoma Republican had been mulling a run earlier this year but apparently backed out due to the crowded field.

"He's not bound to any timetable or any fundraising imperative," says a longtime adviser to Coburn, who has spoken with him. "What's important for him is that there is no other true, Reagan conservative in the race, and he thinks he can fill that void."

If your name is Fred Thompson, Newt Gingrich or Al Gore, there's both room and time for another candidate to jump in. However, every one of those unannounced candidates has in his own way been running a stealth campaign for several months now. Gore and Thompson have carved out the "savior" niche while Gingrich seems to be waiting for the GOP field to winnow a bit before beginning his conservative "dark horse" run sometime in the fall.

Where does that leave Coburn? In honor of the 30th anniversary of the original Star Wars, "in a galaxy far, far away."

However, this is interesting: "Coburn is believed to have the backing of several low-profile members of the so called 'Swift Boaters,' men who financed the ads that doomed the presidential aspirations of Sen. John Kerry." On the other hand, "low-profile" members probably means not John O'Neill or Jerome Corsi, who wrote the book, "Unfit for Command," and were the public face of the Swifties back in 2004.

UPDATE: Maybe not, says the Politico's Jonathan Martin, who spoke to a Coburn spokesman earlier today.

"He has no intention of running for president," the spokesman said, adding the whole thing came from "rumor planting by powerful donors who want to see a wholesale shake-up in the GOP."

Apparently this is what "powerful" GOP donors do to pass the time.