I believe the yellow box the NHC put up says it has a chance. A low chance but a definite chance and there hasn't been a yellow box there in days so I would think that it's worth talking on and watching.l

http://weather.unisys.com/satellite/sat_wv_east_loop-12.html

The upper level low is moving to the right away from the area in the Bahamas.
The wave in the Bahamas that has traveled across the entire Atlantic as an entity is moving with the lower level
flow west. It is very possible it can develop a bit and even more so after it moves away from South Florida and the Keys it will be in the Eastern Gulf of Mexico and it needs to be watched.

it's all a matter of timing, timing is everything.

A rotation can work it's way down to the surface and it looked very good on visible today.