It is a ball game, as they say.
Kerry has rasied funds nearly matching those of Bush. Kerrr is about 40 million behind Bush. Which he proably will cut that margin in or near half by the time the democratic election rolls around.
Stragtically, this really helps out Kerry. Kerry would have been on the defensive the entire election. Bush would have spend money, then Kerry would have to react to counter the move. It is not on even terms and Kerry can even make a few suprise moves of his own.