PRESIDENT-ELECT BARACK OBAMA…. At 11 p.m. EST, the networks have called California, Oregon, Washington, and Hawaii for Barack Obama.

And with that announcement, Obama will be the 44th president of the United States.

Yes. He. Did.

Update: I’m not embarrassed to admit that I’m at a loss for words. Eleven months ago today, Obama told a group of Iowans, “You know, they said this day would never come.”

And yet, he we are. It’s an extraordinary moment to savor.

Steve Benen

Follow Steve on Twitter @stevebenen. Steve Benen is a producer at MSNBC's The Rachel Maddow Show. He was the principal contributor to the Washington Monthly's Political Animal blog from August 2008 until January 2012.