The prospect of the January elections would be good for all parties. The president would be proving that his institutions are solidly democratic, thus legitimizing his own office. The opposition would gain the seats it needed to access the cabinet or become powerbrokers at the assembly. Mrs. Bhutto's Pakistan Peoples Party was projected to be the largest bloc, and through a coalition in parliament, she was to become the next prime minister of this powerful Muslim country. That is precisely why she was murdered.
Indeed, the greatest losers in the upcoming elections, and in any democratic elections mobilizing large and experienced secular forces, would be the Islamists. Their six-party coalition achieved legislative power because of the absence of the secular and democratic forces. Now that Mr. Musharraf isn't in love with the jihadi forces anymore, several assassination attempts later; and after the seculars saw with their naked eyes what the fundamentalists were preparing for the country, the slice of Islamist vote was projected to shrink.
Despite the inconsistencies in reporting how she was killed and Musharraf's unwillingness to provide her true security, I don't see how Musharraf really gains from Bhutto's death. It seems to me that he needed her. With her gone he has lost a government coalition partner who would bring a measure of legitimacy that was lost after the judicial dismissals and the declaration of emergency rule. Also, Bhutto was probably the only mainstream candidate ready to back a Musharraf counter-insurgency campaign against the Taliban and al-Qaeda elements in the FATA.
