FOX News announced at 7:00 PM CST tonight that preliminary polling shows that tonight will be a three man race. Romney, Ron Paul and Rick Santorum will be the three top candidates.
Ron Paul is winning the Drudge Report poll.
Iowa entrance polls: 63% say they support the tea party.
From Twitter: At the Iowa caucuses tonight, there are double the percentage of independents than caucused in 2008. Translation: Big night for Uncle Ron Paul.
Big Government has a live stream from an Iowa Caucus.
UPDATE: FOX News projects that Bachmann will finish last tonight in Iowa.