Have The Conservatives Been Complacent?

Hello. A while back I wrote this was a no-lose election for the Conservatives. They had more chance of getting a majority than losing, I said. And the Liberals and NDP were fighting for second.
How times have changed! The US economy is making every incumbant government, including the Conservatives, share the blame.
But while the Conservatives are in some ways victims, I also think they were complacent. This campaign is not running as well as their last one. The arts funding issue was embarassing. Stephane Dion and Jack Layton may not be the bunglers the Conservatives have portrayed them as. And the economy is now the main issue, something the Conservatives seem ill prepared for.
Will this mean a Liberal victory? Quebec will yet again be the deciding province. If the Bloc loses voters, the Liberals may stand to pick them up. Last election the 10 seats that went the Conservatives' way were the deciding factor. They'll need to keep all of them and get more to ensure victory.

Regards,
Steve