Lew Rockwell discusses the Libertarian Reform Caucus and our own Carl Milsted in his recent piece "The LP's Turkish Delight." Lew Rockwell certainly has deeper roots in the Libertarian Party and the libertarian movement than I do, but the thrust of his article was "libertarians and other opponents of massive state intervention into our daily lives will be corrupted by trying to gain power so they shouldn't even try."
I find his arguments naive at best and disingenuous at worst. Rockwell is a big proponent of "libertopia." That is, complete freedom, right now, and I don't want to get my hands dirty by voting or getting elected. Thankfully, the Founding Fathers of this nation (not to mention Ron Paul) didn't (don't) share this perspective. If Libertarians or any other party simply adopted genuine obedience to the US Constitution as a "platform," this would solve most of our problems and would serve as a rallying cry, not just to hard-core Libertarians, but to everyday Americans who are concerned with the road our nation is on.
True, we'd still have to contend with a monopolistic post office, but Congress could always amend the Constitution to eliminate it. Of course, if more constitutionalists (like Ron Paul) were elected to Congress we'd have had real hearings and Congressional accountability prior to the War in Iraq, most government spending and transfer programs (Medicare, Social Security, etc.) would be abolished or at least done on the state level, and we'd all be freer.
These sound like worthy goals to me! So, while the LP searches for a new identity, I think Rockwell and other "haters" should just back off.