--Obama becomes the third consecutive president to lose at least one house in a midterm. Declarations of historicity are overblown; the difference is one of degree, not type. I don't think this signifies much more than the American electorate (at least the ~20% or so that is perennially up for grabs) would prefer a more parliamentary system, even though they probably don't realize it.
--The one bright spot: the "Palin Model" of vague right-wing populism and a refusal to engage any non-Fox press failed miserably in Delaware, Nevada, and Alaska. I am cautiously optimistic that she has peaked.
--California remains a stolidly Democratic state that doesn't give a rat's ass about actual personal liberty. Disappointing, but not surprising.
--Washington State, despite being a high-tech hub, is really bad at math.
ADDENDUM: Seriously, though? Fuck the Baby Boomers.