Barack Obama Wins Iowa Caucus

The national media is now projecting that Barack Obama will WIN the Iowa Caucus, and Hillary Clinton will likely finish in a tie for second, or third, behind John Edwards. This is a huge win for Obama, especially if he can pack on a few extra points in the late going here.

More later, but this is a great night for American politics. Now Obama must follow this through with a win next week in New Hampshire. Saturday night's debate is going to be critical now.