From The New York Times:
Six years after making history by winning a United States Senate seat as first lady, Senator Hillary Rodham Clinton announced this morning that she was taking the first formal step to seek the Democratic presidential nomination in 2008, a journey that would break yet read political barriers in her extraordinary and controversial career.
“I’m in,” she says in a statement on her new campaign Web site. “And I’m in to win.”
Contine reading the Time’s assessment.