With Democrats needing to find three wins from Arizona, Missouri, Georgia, Montana and Tennessee it looks like the Republicans have held the Senate, albeit by a thread.
The forecasts for the House of Representatives look better for the Democrats but at this time they are just that: forecasts. Good results for them in the gubernatorial elections.
No news yet on the the South Dakota abortion referendum, or Arnold Schwartzenegger. I expect the latter to be re-elected.
From 2004, tonight has been an excellent result for the Democrats. Will they think so? Only if they either sweep a lot of close races in the next few hours, or if their expectations were a lot lower than they claimed.
I'm off to bed at 03:55AM GMT (10:55PM EST).
Update: Jim Talent has conceded in Missouri and local report does not suggest that litigation will follow.
With George Allen and Conrad Burns looking weak in Georgia and Montana, the Democrats could yet take the Senate too.
If this narrow Democrat victory is cathartic for the Republicans, it will bring the latter down to earth with a solid bump (the voters have not done a 1997 UK election to the incumbants). Yet no one should underestimate the extent to which Democrat House and maybe Senate committees will dictate the headlines over the next two years. They would be foolish to miss the opportunity to hold hearings designed to embarrass their opponents on lobbying practices, the public finances and Iraq. The Democrats will not however be the Gingrich restraint on Clinton that fiscal conservatives and libertarians dream of. They will support almost every spending plan of President George Bush, and push forward their own pet schemes. The only surprise would be to see this president start vetoing spending bills.