So, Blair has a reduced majority (not quite reduced enough for my liking). Voting Lib Dem did not get people Tory (was that a fib? Crikey... who knew?) Labour has around 36% of the vote (not all seats have declared), with 33%, and yet Labour has almost twice the seats as things stand, there are 351 labour seats to 191 conservative.
This election is a strong case for electoral reform, especially when we consider that there seemed to be a large number of people prefering A yet voting for B in order to keep out C. Indeed, Labour capitalised on this with their 'Vote Lib Dem, get Tory' campaign.