While I'm not sure I agree exactly with the man's methodology,
electionprojection.com's most recent update leads to an interesting possibility - that Kerry will lose the electoral college narrowly but win the popular vote by about 1.5%.
Although I doubt it will happen, the fact that the overwhelming majority of us "Bush haters" come from blue states makes it plausible that once again we will rack up huge victories in states that were already on our side anyway - NY, CA, MA, etc.
Hey hey, ho ho, the electoral college has got to go.