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If anything Powell will help the Undecideds, and give a push to the Center Republicans to move over to Obama.
The endorsement is the least of what was significant of Powells comments.
The fact he denounced the McCain campaign for inciting that Muslims are bad people, the False Robocalls, and the Horrendous decision making he had when he picked Palin as his VP. On top of all of that, he also displayed the truth about the republican party leaning way too much to the right than they should, especially shown by selecting Palin.
Not to mention the erratic and irresponsible response to the "Economic Crisis" and lack of a clear message besides harping on Bill Ayers for 2+ weeks and continuing with it after declaring him a "washed up terrorist"
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