The Democrats can't get to 60 now, but they are at 56 Senate seats (assuming they don't exile Joe Lieberman) with Alaska still voting and both Minnesota and Oregon too close to call. So they can still get close enough to make Mitch McConnell's job nigh impossible. I haven't seen any exit polls from Alaska but the other two states aren't yet out of reach. It looks like McCain has held Obama to a less than 10-point lead in Minnesota, which I predicted would bode well for Norm Coleman. My predictions haven't always panned out, but I've been right more often than not. I'm still holding to this one, though Coleman's margin is razor-thin right now.
UPDATE: Obama's margin is currently at exactly 10, yet Coleman is still just barely hanging on with 80 percent reporting.