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On the other hand, some really highly paid people "experts" came up with projections that have absolutely no basis in reality
Nate Silver however, kicked ass and took names.
From xcd.com:

I did not expect this:
http://www.kypost.com/dpps/news/national/turnout-shaping-up-to-be-lower-than-2008_7991483
Turnout shaping up to be lower than 2008
Preliminary figures suggest fewer people voted this year than four years ago, when voters shattered turnout records as they elected Obama to his first term.
In most states, the numbers are shaping up to be even lower than in 2004, said Curtis Gans, the director of American University's Center for the Study of the American Electorate. Still, the full picture may not be known for weeks, because much of the counting takes place after Election Day.
With 95 percent of precincts reporting, The Associated Press figures showed more than 117 million people had voted in the White House race. In 2008, 131 million people voted.
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OK, I stayed up to late. Here's just about the final tally. Obama won regardless of the few popular votes (electoral votes) left to count. Here's the map as of 12:30 a.m. EST.
As of 11:15 pm EST

Looks like the Dems have control of the Senate. The House is still up for grabs. Obama leading considerably in the electoral college even though it's neck-in-neck in the popular vote.
I'll be hitting the sack soon as I got work tomorrow, but Google is providing excellent election coverage at http://www.google.com/elections/ed/us/results
Here's a snapshot of that page. Good job Google.
As of 10:30 pm EST
As of 9:45 pm EST
#politics