Ideally, publicly funded elections would lead to more third party candidates, fewer incumbent victories and less political influence for corporations and other large entities. So, I don't see any way that it will ever happen in this country.
I just say "NO!" to campaigns in general. Useless regurgitations of pointless talking-points. I vote for the one who has the most sex with the most women. So Bachman was up there.
Honestly though, I could do without the constant bombardment of political ads. Most twist a tiny bit of truth into something that is as close to a lie as it can get without being prosecuted. I want to hear what the candidates opinions and beliefs are on the issues. As for public funding, I'm for it... as long as the costs are reasonable, and private funding, especially corporate, is disallowed. Requiring the candidates to express their views on the issues, and only the issues, and publishing their responses, and only those responses (along with the relevant question of course) would be better than the current system of non-stop bs ads.
There should be a cap on how much any candidate can spend at all levels and if breached then the candidate is disqualified