I love to quote lyrics at just the appropriate time, and this is no exception:

The Bells Are Ringing by They Might Be Giants:
The bells are ringing
The song they're singing
The sound is bringing the people 'round
They hear the instructions
They follow directions
They travel great distances to the sound

Yes, the new Pope has been elected. This will be no news to those reading this later on, but I feel like an AP or Reuters reporter this very moment on a deadline as the new pope is about to appear on the balcony!!! Who will it be? The bells are ringing, the smoke is billowing. Yabba-dabba-do.

• From cnn.com: "Suspense built as the throng waited for the symbolic ringing of bells, at which point the crowd broke into a roar of jubilation."
• The tenth anniversary of the Oklahoma City Bombing - that is so early morning news.
• OFFICIAL - The mailman from Cheers is the New Pope Benedict XVI.
• ABC commentator: The New Pope looks like an American politician after winning office (this was just after he walked out on the balcony.)
• Now lets just hope that the stock market has an upswing in honor of the New Pope.