...or alternatively, Reid getting ballsy and threatening to "nuke" the GOP like they did back in Bush years.
It's very unlikely he'll nuke the filibuster entirely. At the least, I would hope it is ended for judicial nominations (not to mention, Republicans wouldn't hesitate if they had a Senate majority with a Republican President). To me, the prospect of four more years of Obama judicial appointments is exciting, especially if a conservative seat opens up at the Supreme Court. Reid needs to prepare for this possibility now. If Obama gets the opportunity to fill a conservative seat, WWIII is upon us.
Right now, it does look like Reid will pursue some reform to the filibuster. Hopefully, it will actually make a difference. Respecting the rights of the minority should not mean tyranny of the minority, as we have had as of late.