He probably would have run, too, Jourles. If not for his wife's health issues. He didn't want to put her through it.
Until he showed that vial of US Anthrax to the UN Security Council as visible evidence of the kind of WMD Saddam possessed, I had a great deal of respect for him. I know he was only following orders in presenting that Photoshopped slideshow presentation and I could tell he didn't believe half what he was saying, himself.
Before serving in the Dubya Bush Adminstration, I believe Powell could have been elected President. I'm not so sure now.
Respectfully,
AuldSoul