It was getting a little hard to defend some parts of the Republican Party's agenda and actions, so I am not entirely heartbroken over the election. And the rest of the world should note how quickly and smoothly the US can change its political standing. The system does work. I think a strong case can even be made for Allen to not challenge the Virginia result. The chance of overturning it would seem to be low, while the benefits of taking the high road seem large.
What I long for is a political party that would be conservative on economics (especially spending and regulation), and on national defense, but liberal on many social issues, particularly those concerning individual rights and privacy. If the Democrats could claim that ground, they would get a lot of Republican support. Or, I could imagine a part of the Republican Party discarding some of the more religious, social conservatives for a more Libertarian leaning party. The problem there is that we would have three parties, with the two on the right sure to lose to the one on the left. Could a three party system be sustained in the US today? Maybe.
I worry that the Democrats will go too far to satisfy those furthest to the left on spending, regulation, and general "government is the answer to all questions" issues. If they resist that, relying more on Bill Clinton's views on the role of government in the economy, they could be a real powerhouse.