Well, here we go. If you want some reason for optimism, the Unskewed hack has gone from predicting a massive Romney landslide to merely predicting that Mittens will draw an inside straight, which in a real model is like Obama getting 400 electoral votes. (He seems to be trying the Rasmussen trick of skewing towards Republicans to try to generate a bandwagon effect, and then making the last projection vaguely reasonable.)
I’ll have more on this tomorrow no matter what, but for the record in case Obama wins the electoral college vote and loses the popular vote, the electoral college is an appalling anachronism. This wouldn’t make Obama’s election illegitimate because you can’t change the rules retrospectively, but a bad institution that produces a good result is still bad. Hopefully he’ll win both and make it moot.