Right Voices

(picture via Broken Country)

I think Wonkette actually sums up the endorsement best:

Instead, insiders suggest that it was Kennedy’s history of killing young white bitches in his car that made him feel closer to “the black candidate.” [New York Times]

And from that NYT’s link:

Of all the endorsements in the Democratic Party, Mr. Kennedy’s is viewed as the most weighty.

Updated to add this from Politico:

“This is the biggest Democratic endorsement Obama could possibly get short of Bill Clinton,” said a high-level Democrat.

If they are banking on Teddy, then the Republicans are looking good! I would like you to take a look at this list of superdelegates that have made their endorsements official.