Obama's strategy thus far, on three major issues, can be characterized as "focus, continue, and engage." The broad outlines are perfectly elegant.
+focus on the economy: little explanation is needed here. Obama has managed to include many major advisors in his administration: Geithner at Treasury, Summers at the National Economic Council, Goolsbee and Volcker on a special recovery taskforce.
+continue with the late second-term Bush approach to foreign policy: The caution here is reassuring to me and seems that it will be generally endured by those further to the left on such issues.
+engage on health care: Obama has chosen to extend internet democracy first to the discussion about health care. This is wise because (a) he can thus engage activists, and perhaps even temper their expectations as they are forced to wrestle with real world issues, even while he postpones immmediate action and (b) he may actually be able to glean a few good ideas as discussants will be able to sift the 'wheat from the chaff' through a participant-run ratings system.