There was once a time when I would have been thrilled by this - I used to be a strong Republican who registered to vote in my first election so that I could vote for the doomed Republican candidate who was running against Ted Kennedy in an earlier election. The George W. Bush years gradually ended most of my faith in the Republican party, although I've never learned to particularly like the Democrats either. Ironically, I voted for the Democrat this time, who turned out to be just as doomed as the Republican candidate I voted for some 16 years ago.
This does not seem to bode well for the Democrats. I know that the Republicans are fondly hoping that Obama will turn out to be another Jimmy Carter - a president elected on an idealistic platform of "change" who proved to be ineffective and unpopular and who was replaced by a conservative Republican in a political backlash. I wonder if they will get their wish.