Here in the UK it's 3am, but I'm still up, watching the US election results. We don't have anything like the campaigns and elections that you have - so it's quite intriguing
What we have here is 207 for Obama and 135 for McCain.
Those presenting the results are both English and American, with commentary from a mixed UK/USA sort of informal panel.
Of course, as our system doesn't work anything like the USA I haven't a clue what a College vote is, or how it all works. Still,they are saying that although they are speaking in terms of projections, they would be extend into reasonably accurate figures because there is far more caution when giving these out because of the last electoral problems.
Or something like that

It is 3am, after all