Deny. Obama would be favored in any matchup, but against Romney I'd put that as low as 60/40. I'd probably have Paul second in odds just because he SFFs Obama in a lot of his demographics from 2008 (college students and graduates, internet popularity, etc, most of whom are disappointed in Obama and would turn on him aggressively in this matchup,) but he's a step short of realistic, and it'd still be around 65/35.
i give him a 75%+ chance against anyone else, and at least 85 if he's lucky enough to get Bachmann (Palin would be around 98% but i don't think she's going to make herself a factor.)
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