You guys in other countries must be quite amused with the elections so far.
The people that hate our electoral college system (mostly people who are easily confused by shiny lights, BTW) are breathlessly waiting for Gore to lose in the college since he won the popular vote.
First off, there is little chance of them getting a constitutional amendment through a split congress and even less chance of them getting 34 states to ratify it.
The deal with the college is this: our founding fathers had a nasty choice in front of them. They were uniting a group of 13 independent states. Each one was effectively a country and each was organised slightly differently. When it came to choosing an executive three basic plans were fronted. They had rejected having the congress elect a president as they needed the executive as a check on the congress. They had rejected having the govenors of the states select a chief as fraught with political danger and that it could delay the will of the people.
Their three choices were to have a pure democratic election with a direct vote, a state level election where you voted how your state would vote, and a "college" system where you vote for a representative who will vote his conscience.
The first system, the direct vote, had a nasty flaw in that Pennsylvania had a LOT more people than most of the other states. It was clear to them then that a politian could win most of PA and just
one other state, like Virginia by a wide margin and wind up with 50% of the vote. And that with hardly any votes from other states. You could easily wind up with an executive that represented half the people but only 11 of the 13 states. (even today, give a cult of personality a 90% win in California and 15% of every other state and you could have around 50%!)
The second two systems, with basically 13 votes, allowed a candidate to win all the smallest states, garnering only about 25% of the popular vote and yet moving on to executive power over the largest states. Worse, you had in one case the state "voting" again and in the other you had each state electing all kinds of people who may or may not do what they say.
In sorting out these two nasty traps (both seeming fairly likely at the time) they found a compromise in which the college system would have as many votes as each state had in all of congress. Thus the smallest state got 3 votes minimum and the same census based solution they had found to the problem of the makeup of the senate and house could be used. (The senate basically having 2 votes per state and the house having a number of reps proportional to the population, if both systems agree on something, you can be pretty sure it represents the will of the nation as a whole). The states were left the task of how to pick and what rules to lay upon the college members.
Other checks were added like signatures from state executives and court oversight in districts but mostly that is how it came about. A compromise between the tyranny of the masses and the fear of disproportionate state populations.
If you look at how it works in various situations, you see the value of it. In a clear race with a majority of the country voting for one man, all the systems work. In a lop sided race with parts of the country diametrically opposed, the college delivers the person who pleases the most states, even if by a bare margin. In a close fought race in every state, the electoral college returns the candiate that pleased the most large states and in all but the wierdest of cases, the person who pleased the most states as well. Huge blowouts in a few states don't register but minor gains in all states can make a major difference.
When it comes down to it, the college system has "failed" to elect the popular candidate 4 (maybe 5 here soon?) times but in each of those cases the nation was so split that neither of the candidates was truely a clear victor and a great deal of people felt that both were capable. The college system may wobble a little in this case but the message from the people was clear, both candidates are capable (or useless, but let's not go there today), and we couldn't quite make up our minds.
Look at the numbers today: Gore has 21 "states", Bush has 29; Gore has the popular lead with about 190,000 more people out of about 97,00,000 voting; Gore has 267 electoral votes and Bush has 246. With the last state swinging on as few as 2,000 votes and having 25 college votes to throw, which system has it right?
In the end, the dithering of the people is reflected in the process. I think that is just the way it should work. =)