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I have to admit that at this point, i'm not that worried about a Bush dictatorship. For one, they did not suspend the 2004 election. (But who knows, what with rumours of Diebold leaving the voting machine business, maybe they have more incentive to use a state of emergency now.)
Second, what would be their incentive to take such a risk? Why not go the usual way (lobbying, Bush/E. Establishment connections, Rovework) and get Jeb (or Neil!) installed in office? Even without a friend in the White House, they could still advance their agenda easily enough.
On top of that, that giant sucking sound you hear is the Cheney/Bush power base swirling down the toliet. They barely had the power to hold on to/consolidate what they stole in the 2000 Florida putsch. Now that Main Street is pissed off at them, too, there's just too much room for their political enemies to outmaneuver them.
Finally, do they have the support in the military to pull off a coupe d'etat? If you're talking about the regular army, i'd say no. However, with the privatisation of the US military under Rumsfeld/Cheney, one has to consider Halliburton, Wackenhut, et. al. Would you want to rely on the loyalty of mercenaries?
In sum, the payoff of trying to install themselves as dictators would not offset the probability of them ending up in Gitmo.
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