Hi,
I've seen this as a big election despite me being British. Barack Obama being president will hopefully help reduce the prejudice (or something like that) that affects so many people.
In Britain no one seems to care it's pretty much the same either way anyway and everybody always seems to hate the PM in the end anyway. Also the American election is so much more exciting, we're too polite over here for anything interesting to happen.
(Please don't let Palin run for president in 2012 she drives me mad and I'm hoping to move to the USA)
Sarah