From realclearpolitics.com
If the exit polls that are floating around are to be believed, the Presidential race is VERY CLOSE. The Gore campaign's strategy of focusing laser-like on the big states he needed to get over 270 appears to have put the Vice President right back in the game. And the Bush strategy of playing for Democrat-leaning states just might have backfired BIG TIME.
This analysis is based on a variety of exit polls ALL showing the overall race a tossup. Based on these polls, Bush will lose FL, CA, IL, WA and MI. This gives Gore 130 more electoral votes for a total of 222. Bush has held on to his base of 209 electoral votes, and he looks likely to win MO and WI for 22 more, bringing him up to 231.
Pennsylvania and Minnesota are currently toss ups, but the way the night is going for Bush he should not count on either. These two states would bring Gore's total to 255. The critical question for Vice President Gore is where he will find these remaining 15 electoral votes. While his big state strategy has perhaps gotten him to the finish line, does he have enough to get 15 out of the little states? Gore's best bets look like IA-7, OR-7 and DE-3. Given the tone of the night you would think Gore should carry all of these states. Maine-4, New Hampshire-4, and New Mexico-5 are also other possibilities for the Vice President.
At 231, Bush needs 39 more electoral votes. Right now, he looks good in AR and TN for 17 votes. Which means he needs 22 more. So, if the exit polls are to be believed and Bush loses PA, MI and FL it will all come down to six small states (IA, OR, DE, ME, NH, NM) with Gore needing 15 votes and Bush needing 22. Right now Bush has -on average- a lead in all of these states based on exit polling data.
If Bush can somehow manage to take either FL or PA, all of this will be moot.