This is just breaking news, I don't have a link yet, but here's what I have so far: Sharif says his party to boycott Jan. 8 election.
This could help him take the lead in Pakistani democracy movement by taking such a hardline, but it makes you wonder, who will take over on the political front? I see two viable candidates: Bhutto's husband, and one of Bhutto's political rivals that I still cannot remember the name of.
More importantly though, you can see why this complicates the U.S.'s anti-terrorism interests there. Sharif's boycott will totally undermine the elections unless a new, strong leader emerges from the PPP, Bhutto's party. Undermined elections = undermined Musharraf, and Musharraf will be weaker than ever.