I too hope that there would be no hot war over Taiwan. If the DPP and the US really goes full ahead to declare Taiwanese independence. The best way for China to turn the tables on them us to organize with local collaborators, a military coup to oust the DPP government. For this to happen, the CPC, KMT, and sympathizers in Taiwan need to be talking behind the scenes. I'm cautiously optimistic that that is quite feasible, because all parties but the DPP ultimately don't want a hot war.I am hoping and praying that it'll never come to the need to use force at all. As much as I detest Taiwanese government it's the civilians that will bear the brunt of the fighting not to mention the military folks in Taiwan that'll have to fight since that's their duty as military people.
Taiwan is still the Republic of China (ROC). It was already written in the constitution of the ROC that Taiwan is China. If the DPP attempts to declare Taiwanese independence, there would be a constitutional crisis. Then the military of the ROC could have the obligation to 'defend' ROC territorial integrity by declaring the DPP unconstitutional and removing them from power. After that, the military junta could temporarily impose martial law to clean up the Taiwanese independence movement and then hold new elections. Then Taiwan can restore the status quo for the time being. It would avoid both a hot war with the PRC, and forced annexation by the PRC. This is the best outcome that I could think of for the near future. There would be political turmoil off course, but it is so much better than war and bloodshed.
Plus there is the added bonus of totally upending US plans to get China into a hot war over Taiwan. I am sure the American warmongers won't see this coming. Of course Uncle Sam will be incensed if that happens. But any US action to punish the ROC for this 'treachery' is going to worsen the US's standing in the region and only drive Taiwan closer to China.