The Huckabee campaign is now predicting a 5%+ victory tonight in the Iowa Caucuses, as reported by Fox News' Shepard Smith a few moments ago. Fox suggests that the Huckabee Campaign has an exceptional rural religious get out the vote campaign that has been underreported so far during the campaign (though polls should have captured this data).
A close election on both Republican and Democratic sides probably will not shift the balances of power, but a runaway victory or loss by any candidate could do a lot to change the national polls.
This just in: Obama campaign is suggesting there are early indications of record, large turnouts. Most think this will hurt John Edwards and help Clinton and Obama with a *very* large turnout helping Obama the most.