See the CNN article below. It looks like the McCain camp is not seeing light at the end of the tunnel. At this point (7:28 PT), CNN shows Obama with 207 Electoral Votes to McCain's 135. When the results from Washington, Oregon, and California come in, Obama will be over 270 Electoral Votes. The McCain campaign is over.

From CNN:

November 4, 2008

McCain aides see 'no path to victory'

Posted: 7:23 PM PT

From CNN Correspondent Dana Bash

(CNN) — Two senior aides to John McCain see "no path to victory," given the night's results so far.

The two advisors, who were crunching numbers for the Republican contender, were responding to a question from CNN's Dana Bash, who has been covering the McCain campaign.

The aides asked not to named because the campaign is not commenting on internal discussions.

Three states that went Republican in 2004 have gone for Democrat Barack Obama, according to CNN projections — Iowa, New Mexico and Ohio.