The chart below shows John McCain's two party vote margin for all fifty states and DC in the 2008 general election. The independently allocated Congressional districts of Maine and Nebraska are depicted in addition to the whole state results.
This chart is a useful representation of the election results, because a shift in margin can be imagined as the zero line moving up or down while the vertical extent of the bars remains static.
The next chart shows just the states that McCain won, in decreasing order of two party vote margin, with the cumulative electoral vote haul graphed left to right. Electoral vote quantities represent 2012 values adjusted after the 2010 census (McCain actually won 173 electoral votes).
The third chart shows Romney's performance if he is able to increase the Republican vote to about 50.9%, just enough to capture Colorado and therefore electoral majority. Again, only states he wins are shown, and the cumulative electoral vote total is given.
Our conclusion: using a vote model based on the 2008 results with a uniform shift, Romney can lose Wisconsin by 5% and still win the election. Of course, the electorate doesn't really work this way. Particular trends in the South and the Northeast (and everywhere else) will continually reshape the electoral landscape, even in the face of overarching national trends. But to the extent that these trends cancel each other out, or that they have already taken their toll on the electoral map, this gives us an idea of where Wisconsin sits relative to the other states in contention if public opinion has shifted towards Republicans since 2008. Suddenly, a June poll with questionable methodology showing a 7% lead for Obama doesn't sound like such good news.