If Obama were actually thinking about it then I think you would've seen/heard he or his surrogates bring it up, much the same way that Bill and Hillary toyed with the idea of having Obama as a VP a couple of weeks ago. Whenever anyone even mentions it, it seems like Obama tries very hard to swat it down. Now, I understand that some of that is b/c he doesn't want to feed into this idea that he should be junior to Hillary, but I think another part of him rejects it because he thinks its crazy for the person who is in the lead to be offered VP. Many news reporters/analysts have pointed out repeatedly that they apparently don't like each other very much. I think Hillary thinks he is an upstart standing in the way of the more qualified/experienced candidate, and that he hasn't "paid his dues." He probably thinks that the Clinton's are patronizing and that they are simply not trustworthy, and therefore cannot win a general election.  

Secondly, even more important than the idea that they don't like each other, IMO they can't choose each other (Especially Obama choosing Hillary for VP), b/c each of them severely undermines the other's candidacy. Hillary cannot argue with a straight face, that Obama will transform from the guy who brings "a speech from 2002" to a tried and competent commander in chief, just by running as VP under her wings for 3 months. Obama on the other hand cannot argue he is bringing change and rooting out special interests by bringing that pernicious influence back into the White House.

in the Democratic Party.

Frankly, I don't think she wants the Vice Presidency.  I hope Hillary goes back to the Senate if she loses the nomination.  Congress can't initiate foreign policy, but it has just as much say in domestic policy as the White House.  Hillary could easily advance her signature domestic policy issues from a position in the Senate.  More importantly, Clinton could redress the power imbalance that has developed between the White House and the Congress over the last couple of decades.

The problem with your analysis is that this race is far from over.  The screaming from the O supporters just proves it.  They don't want people to see the weakness in their chosen ONE, but Clinton owes it to our party to show this weakness for all to see.  Obama cannot win the GE, there is already ample evidence.  These next contests will prove beyond a shadow of a doubt that he cannot win.  It is important for her to illustrate this to the party.  

The far left liberals think they have manufactured this thing to count her out, but the actual voters have a different idea.  That idea needs expression.  If she were to quit, then they would have no outlet for their votes and that fact would spell disaster for Obama.  If the DNC continues its refusal to seat the delegates from Mich and Fl they will be cutting off their nose to spite their face.  O cannot win Fl with that mistake.  I know the O supporters think they have this all sown up.  If they really thought so, why would they be wanting this race to be over already?  Because they don't want people to see O weakness, but it will show up, either now or this fall.  It would be better we know it now than this fall.  If the party thinks he is a winner, they will make the same mistake that Richardson did, thinking that passion from a few people is a good indication of the masses.  It isn't . The vote in these remaining states will in the end show the party O continued weakness for the fall.  The voters have already spoken in FL.  If they think by not counting those delegates that O wins with this tactic, he will be illegitimate and that fact alone will cause him to lose.  This contest must go to the remaining states.  Clinton knows this electorate far better than these far left liberals who always misjudge America by their far left position and lights.  They do not realize this country is not so far left and will never elect this man as president.  Clinton must show this to the SDs.  She needs to shove this home and down the throats of the party and if after the final contests they don't see it, it is because they wish to self distruct.  We cannot be dictated to by a few party elites who never have won national elections.  Even with all the blacks and liberals in this country, it is not enough to win a national election. Clinton knows this fact.  So let these remaining contests go on, it is the only way for these idiots to see, to have their heart opened and spilled on the ground.  That way they will see their candidate is flawed and basically unelectable.  Clinton is doing our party a favor and I want her to keep on doing it.  I have faith she will, and as for VP, the only way Obama will ever see the WH is if he is VP for 8 years.  It is the only way this country will ever put him in the WH.  He would have to prove himself much more than he has to this point before the base of this party will vote for him.  Right now, we do know the truth, Obama is flawed and so full of his own ego he can't see it, and those around him are filling him with nonsense.  he cannot win a general election.  he will not win.

If I were Obama, I wouldn't want Hillary as my VP.  She and Bill have their own agendas and might not do well as members of Obama's team.

I don't know if Clinton has this trait, but even smart people can fool themselves about the odds of achieving something that they really really want.