TBogg says there is a rumor that Tancredo is trying to recruit Michelle Malkin as his running mate.
Update: Reading the comments at TBogg's it seems that this idea came from some sort of listener poll on Peter Boyles show. Also in the running, Jon Caldera and John Andrews. Really any of the three would be spectacular. Why not run a slate? Caldera could run for Treasurer and Andrews could be Secretary of State.