Not after he bailed out despite leading in the polls only to come back in and make up bullshit about how the Republicans were going to ruin his daughters wedding if he didn't drop out. He never recovered from that.
It showed the American people he wasn't willing to commit to crazy. Also there was a real life Native American, Russell Means, running on the Libertarian ticket that year who was the proper amount of crazy for me. And he was later endorsed by Larry David:
In 2004, Means made a guest appearance on the HBO program Curb Your Enthusiasm. Means played Wandering Bear, an American Indian with skills in landscaping and herbal medicine.
There's been a long rumor, never been verified by Perot, that he never thought that people would meet his "impossible" standard of getting him on every ballot, so that he could fake "run" to the conventions and then endorse one of the candidates effectively. But they did, and he was doing too well in the polls, and that was his attempt at getting out of it.
I don't believe the theory that his dropping out was intended to boost Clinton. I think it just so happened that Clinton did well at his convention speech especially compared to the Buchanan show at the RNC, back when those mattered, and so with Perot out enough people said "hey, maybe this guy is good." And never went back to Perot when he returned.
