Right now, Ron Paul is the face for libertarianism in this country (which is ironic if you think about the nature of libertarianism). But nevertheless, when Americans think about libertarianism and libertarians, Ron Paul is who they picture. So I'll admit I'm conflicted over his candidacy.
One the one hand, I think he's weak/naive on foreign policy, a little laissez-faire even for me, and more than a little crazy. And his followers definitely worry me.
One the other hand, there's just something about him. I think I have to agree with Eric N., commenting on Matthew Yglesias' recent Ron Paul posting.
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