I'm not a big fan of sitting up late listening to election returns. In the past decade or so I've taken to turning off the news and waiting for the results the next day (and I get those from the radio, not the morning paper). "Do you want it fast or do you want it good?" I want it good; I want the news to be right, even if a little later than usual. Of course, if I have to act on the news I'll take what I can get, but what am I supposed to do with election results? I already did my part. Maybe this is the old "scientist versus reporter" conflict again.
One nice side effect: I get a good night's sleep.