Something I was thinking about with regard to Rachael...some of the most well-respected skaters started out the same way Rachael is: technically strong and artistically, not so much.
Kristi Yamaguchi, Michelle Kwan, and Midori Ito all started out as jumping beans who developed their artistry after they had their technical foundation laid down...Michelle at the earliest age, Kristi really when she was 19ish, and Midori even older before she began really focusing on improving their artistry.
OTOH, Josee Chouinard, Sasha Cohen, Cziny, and even Caroline Zhang have beautiful position and artistic qualities, but there are underlying technical or mental issues that prevent them from reaching the top step.
If Skate America wasn't a fluke, and Rachael really is reaching her technical limit, that affords her an opportunity to focus more time on the artistry/speed/spins/extension issues that have been noted in conversations about her. Artistic skaters do develop at different times, some early, some late. Kristi was more naturally graceful than Rachael when she was her age, but it wasn't until her first World Championship that I felt she really expressed herself and connected with the music and Sandra's choreography (at 19).
I think she still needs more time, and it may be too late for these Olympics, but if she is done growing and has her jumping skills, it's not outside the realm of possibility for her to develop the rest of her skating and be a formidible competitor. She showed some spark at SA...which was good to see and had been lacking (for me) in previous competitions. If she keeps on that track, she could be a contender for a medal in Vancouver (although a longshot), and possibly a frontrunner in 2014, if she stays that long.
JMO, of course.