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This is a marvelously succinct articulation of the stakes of the 2024 election. It's by @mjsdc.bsky.social and it was how he summed up the implications of the most recent SCOTUS decisions. The theater criticism about which candidate performed better on Thursday obscures these massive stakes.
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The stakes are high, which means the only thing that matters is to select the candidate with the best chance of beating Trump. That requires Biden to step aside now, and not attempt to determine his replacement. Either Harris or Whitmer has some chance, Biden near-zero,
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I agree with your first sentence. I genuinely do not know what to think about the rest of it, and I'm not sure anyone has enough information or foresight to know what the best course of action is. Either way it's a gamble, but I don't think Biden's chances are zero.