From Public Policy Polling:
There's been a lot of discussion in the last week about the role of the Hispanic vote in next year's election. Here's the bottom line on our polling: Obama's approval numbers with Hispanics are down. But Hispanic voters absolutely hate the GOP field. And because of that Obama's winning margins with Hispanics would be as large or even larger than they were in 2008 if the election was today and they'd be one of the key groups propelling him to reelection.
There is periodic talk about Hispanics voting Republican, but for Obama the real threat is if they just stay home. As they note, this is really important for Florida.